Homebuyers shouldn’t expect conditions to improve too much in the second half of 2024, with mortgage rates expected to remain elevated and supplies tight.  ( 21 min )

Although nobody's ever gone broke taking a profit, hindsight doesn't always paint the prettiest picture on Wall Street.  ( 57 min )

Should investors consider booking profits following this recent analyst action?  ( 62 min )

Financial institutions snapping up Chinese government bonds are basically shorting the Chinese economy, China's central bank-backed Financial News reported on Saturday, citing what it said were the views of industry sources and experts. The report is the latest warning to the country's bond market after the People's Bank of China (PBOC) sounded concerns and introduced plans to sell treasury bonds to cool a bond rally.  ( 60 min )

Companies that perform stock splits are usually firing on all cylinders.  ( 63 min )

There's more to making your money last in retirement than pre-established withdrawal amounts.  ( 63 min )

You can bank these 6% to 8% dividend yields and sleep well at night.  ( 27 min )

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Vietnamese electric vehicle (EV) maker VinFast is delaying the launch of its planned $4 billion factory in North Carolina to 2028 and cutting its delivery forecast for this year by 20,000 units amid uncertainties in the global EV market. VinFast, founded by Vietnam's richest man Pham Nhat Vuong in 2017 and which turned to making fully electric vehicles in 2022, said it would now deliver 80,000 vehicles this year, down from the initially planned 100,000. In total, VinFast sold 21,747 units in the first half of 2024, an increase of 92% against the same period last year, but around one-fourth of the new yearly forecast.  ( 61 min )

(Bloomberg) -- The race to replace China’s top spot in emerging market equity portfolios is heating up, with Taiwan and India running neck to neck as formidable rivals. Most Read from BloombergMusk Donates to Trump, Tapping Fortune to Swing 2024 RaceGiuliani’s Bankruptcy Dismissed With $150 Million Still OwedBiden Vows to Stay in 2024 Race Even as NATO Gaffes Risk His CampaignAT&T Data Hack Prompts FCC Probe, Raises Broad Security ConcernsBiden’s Putin-Zelenskiy Gaffe Deals Fresh Blow to Campaig  ( 62 min )

Op Schiphol is zaterdag sprake van "piekdrukte", omdat de zomervakantie nu ook voor het midden van het land is begonnen. Een woordvoerder zegt tegen ANP dat het een van de drukste dagen van de zomerperiode is.  ( 1 min )

Het aantal geregistreerde sekswerkers in Duitsland neemt toe, maar blijft onder het niveau van voor de coronapandemie. Dat blijkt uit cijfers die het Duitse statistiekbureau vrijdag heeft vrijgegeven.  ( 1 min )

Benzinepompen en tabakswinkels worden platgelopen nu supermarkten sinds begin deze maand geen sigaretten meer verkopen. Dat levert in sommige gevallen meer omzet op. Al is dat wel lokaal bepaald, blijkt uit een rondgang van NU.nl.  ( 1 min )

Looming U.S. interest rate cuts are presenting investors with a tough choice: stick with the Big Tech stocks that have driven returns for more than a year or turn to less-loved areas of the market that could benefit from easing monetary policy. Owning massive tech and growth companies such as Nvidia, Microsoft and Amazon has been a hugely profitable strategy for investors since early 2023, even as the stocks' market dominance has drawn comparisons to the dot-com bubble of the late 1990s. That calculus may start to change following Thursday's surprisingly cool inflation report, which solidified expectations for a near-term rate cut by the Federal Reserve.  ( 62 min )

After explosive bullish momentum this week, SoundHound AI stock is now up 192% this year.  ( 61 min )

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A U.S. trade regulator on Friday announced a suite of actions taking aim at "unfair and deceptive practices" it said are illegally imposed on U.S. franchisees by their brand owners, such as requiring new fees not outlined in franchise contracts, or using contract provisions to discourage franchisees from speaking with regulators. The U.S. Federal Trade Commission's declaration that these practices are illegal did not name any specific companies as being in violation of the law, but in doing so it took a stance on issues that have inflamed tensions in recent years between companies and operators at major brands like McDonald's and Subway. "Franchising is a chance for Americans to build a business," said FTC Chair Lina Khan in a statement.  ( 61 min )

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Excitement about unfolding AI opportunities helped power another round of gains for Arm stock.  ( 60 min )

Billionaire investor Mario Gabelli's investment firm is seeking more details about the valuation of National Amusements assets, the investor told Reuters on Friday, signaling the firm may challenge a landmark entertainment industry deal inked this week. Skydance Media and Paramount Global agreed on Sunday to merge, in a deal that would entail Skydance acquiring the Redstone family's holding company, National Amusements, which owns a controlling stake in Paramount. Gabelli Funds, which owns nearly 4.9 million Class-A voting shares in Paramount, is seeking greater transparency around the National Amusements deal, according to another source at Gabelli.  ( 61 min )

The IRS recently announced a major tax enforcement initiative that will increase scrutiny on high-income earners, partnerships and people with foreign bank accounts. The agency said the effort would “restore fairness to [the] tax system” by focusing on wealthy taxpayers who have seen sharp declines in audit rates over the past decade. A financial advisor […] The post The IRS Is Cracking Down on These High-Income Earners. Are You One of Them? appeared first on SmartReads by SmartAsset.  ( 62 min )

(Bloomberg) -- AT&T Inc. said thieves made off with a half-year’s worth of calling and text data from virtually its entire wireless user base, the widest-ranging breach yet in a campaign that’s ensnared as many as 165 customers of software seller Snowflake Inc.Most Read from BloombergBiden Vows to Stay in 2024 Race Even as NATO Gaffes Risk His CampaignBiden’s Putin-Zelenskiy Gaffe Deals Fresh Blow to CampaignAT&T Data Hack Prompts FCC Probe, Raises Broad Security ConcernsJPMorgan Notches Record  ( 61 min )

(Bloomberg) -- The world’s biggest bond market is reaching a turning point, with US Treasuries wiping out their 2024 losses as traders start to embrace the idea of three interest-rate cuts this year. Most Read from BloombergBiden Vows to Stay in 2024 Race Even as NATO Gaffes Risk His CampaignBiden’s Putin-Zelenskiy Gaffe Deals Fresh Blow to CampaignTesla Delays Robotaxi Event in Blow to Musk’s Autonomy DriveUS and Germany Foiled Russian Plot to Kill CEO of Arms Manufacturer RheinmetallJPMorgan N  ( 62 min )

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$6 for a bag of chips has consumers looking elsewhere, executives said.  ( 61 min )

In a recent discussion on retirement savings with Vox, labor economist Teresa Ghilarducci laid out some stark benchmarks: by age 30, you should have saved one times your annual salary; by 40, two and a half to three times; and by 60, eight to 10 times. These numbers left many New Yorkers, like Vanessa Longshaw, a 34-year-old vice president in communications, astounded. "You can see I’m laughing because who could save that much?" she said. Don't Miss: The average American couple has saved this mu  ( 62 min )

(Bloomberg) -- A hubbub on social media over Chipotle Mexican Grill Inc.’s portion sizes has sent the burrito chain’s shares into their worst tailspin in nearly a year.Most Read from BloombergBiden Vows to Stay in 2024 Race Even as NATO Gaffes Risk His CampaignBiden’s Putin-Zelenskiy Gaffe Deals Fresh Blow to CampaignJPMorgan Notches Record Profit on Visa Gain, Dealmaking JumpTesla Delays Robotaxi Event in Blow to Musk’s Autonomy DriveFCC Says It’s Investigating Massive Breach of AT&T Customer D  ( 62 min )

Shares of electric vehicle (EV) makers rallied in intraday trading Friday after analysts at Mizuho issued price target bumps for Tesla and Rivian. Lucid shares also surged.  ( 61 min )

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Thanks again to Volkswagen, Rivian's stock is soaring.  ( 61 min )

Intel has a software business now -- but its stock still costs too much.  ( 61 min )

Find the latest AbbVie Inc. (ABBV) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

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The electric vehicle battery start-up hit one of its biggest milestones yet, giving its languishing stock a much-needed fillip.  ( 61 min )

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(Bloomberg) -- Citigroup Inc. is shuttering unused credit card accounts as a growing number of customers fall behind on their payments. Most Read from BloombergBiden Vows to Stay in 2024 Race Even as NATO Gaffes Risk His CampaignBiden’s Putin-Zelenskiy Gaffe Deals Fresh Blow to CampaignTesla Delays Robotaxi Event in Blow to Musk’s Autonomy DriveJPMorgan Notches Record Profit on Visa Gain, Dealmaking JumpUS and Germany Foiled Russian Plot to Kill CEO of Arms Manufacturer RheinmetallThe bank has a  ( 61 min )

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A Wall Street revival provided a second-quarter boost to big banks at a time of rising challenges for their Main Street consumer operations.  ( 27 min )

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The late Charlie Munger, Warren Buffett's right-hand man and long-time partner at Berkshire Hathaway, left a legacy of wisdom that continues to guide investors. Although he passed away in 2023, his words from the 1999 Berkshire Hathaway annual shareholders meeting remain as relevant today as ever. Don't Miss: Are you rich? Here’s what Americans think you need to be considered wealthy. Can you guess how many retire with a $5,000,000 nest egg? – How does it compare to the average? Many are surpris  ( 62 min )

Battery unit PowerCo would receive the licence to mass-produce battery cells based on QuantumScape technology  ( 60 min )

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It can be financially feasible to retire when projected retirement income equals or exceeds projected retirement expenses. In many cases, withdrawals from $1.6 million in a taxable brokerage account and $1.1 million in an IRA will total more than a typical retiree's expenses. However, much depends on the desired retirement lifestyle. Age at retirement is […] The post I’m 52 With $1.6 Million in a Taxable Brokerage Account and $1.1 Million in an IRA. Can I Retire Now? appeared first on SmartReads  ( 64 min )

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Citigroup Inc (NYSE:C) reported a second-quarter fiscal 2024 revenue growth of 4% year-over-year to $20.14 billion, beating the analyst consensus estimate of $20.07 billion. GAAP EPS of $1.52 beat the analyst consensus estimate of $1.39. Net credit losses were $2.28 billion, up 52% year-over-year. Services revenue grew 3% year-over-year to $4.7 billion, primarily reflecting strength in Securities Services and the impact of continued underlying momentum in Treasury and Trade Solutions. Markets re  ( 61 min )

Investors are bracing for Wall Street banks to kick off earnings season as they debate how deep the Fed could cut rates.  ( 65 min )

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If you think you’ve mastered financial basics, you’re either overconfident or in the minority. A new report from the Global Financial Literacy Excellence Center shows that the average American scored just 48% on a financial literacy test, with groups scoring as low as 37% in certain areas. Don't Miss: The average American couple has saved this much money for retirement — How do you compare? How do billionaires pay less in income tax than you? Tax deferring is their number one strategy. Since the  ( 61 min )

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Jim Keller, a well-known engineer who’s worked at AMD and Tesla and now leads the AI company Tenstorrent, recently said something interesting on the DemystifySci podcast. He thinks Nvidia is becoming like IBM back in the day but in the AI world. While this shows how powerful Nvidia is right now in AI hardware, it also raises some concerns. Don't Miss: Amid the ongoing EV revolution, previously overlooked low-income communities now harbor a huge investment opportunity at just $500. Mark Cuban bel  ( 62 min )

BTC prices fell after Thursday’s U.S. CPI readings, dragging down the broader crypto market.  ( 61 min )

U.S. producer prices increased moderately in June, further confirmation that inflation had resumed its downward trend and strengthening the case for a September interest rate cut. The producer price index for final demand rose 0.2% last month after being unchanged in May, the Labor Department's Bureau of Labor Statistics said on Friday. The government reported on Thursday that consumer prices fell for the first time in four years in June amid cheaper gasoline and a broad deceleration in the costs of goods and services, including rents.  ( 60 min )

Wholesale prices in the United States rose by a larger-than-expected 2.6% last month from a year earlier, a sign that some inflation pressures remain high. The Labor Department said Friday that its producer price index — which tracks inflation before it reaches consumers — rose 0.2% from May to June after being unchanged the month before. Excluding food and energy prices, which tend to bounce around from month to month, so-called core wholesale prices were up 0.4% from May and 3% from June 2023.  ( 61 min )

Bank of America Corporation (NYSE:BAC) will release its second-quarter financial results, before the opening bell on Tuesday, July 16. Analysts expect the Charlotte, North Carolina-based company to report quarterly earnings at 80 cents per share, down from 88 cents per share in the year-ago period. Bank of America is expected to post revenue of $25.22 billion, according to data from Benzinga Pro. On July 9, Piper Sandler upgraded the stock from Underweight to Neutral and raised its price target  ( 61 min )

Why have so many super-rich investors been taking profits in Meta Platforms?  ( 62 min )

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Citigroup's profit rose in the second quarter, boosted by a 60% jump in investment banking revenue and gains in its services division. The results come two days after U.S. regulators fined Citi $136 million for making "insufficient progress" in fixing data management problems identified in 2020. Citi had already booked the penalties and additional investments on the data work in the second quarter.  ( 61 min )

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Alibaba Group Holding Limited (NYSE:BABA) stock rose on Friday following reports of China’s trade surplus hitting a record high in June. Surging exports outpaced a surprise drop in imports, potentially escalating trade tensions. Exports reached $308 billion, marking the third consecutive month of growth and the highest level in nearly two years, while imports fell to $209 billion, resulting in a $99 billion surplus, Bloomberg reports. Also Read: Alibaba and ByteDance Dominate China’s Growing Gen  ( 60 min )

Wells Fargo & Company (NYSE:WFC) earned a net income of $4.91 billion, down 1% year over year in the second quarter of 2024. The company reported a GAAP EPS of $1.33, beating the consensus of $1.29. Revenue rose 1% to $20.69 billion. Analysts expected $20.29 billion. The U.S. banking giant reported a 9% year-over-year drop in net interest income to $11.9 billion due to the impact of higher interest rates on funding costs, including the impact of lower deposit balances and customer migration to h  ( 61 min )

The warehouse club operator could've gone higher with its hike now, but it didn't so its stock price could move higher later.  ( 62 min )

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Profits at JPMorgan Chase surged in the second quarter due partly to an one-time accounting boost, but another drop in a key revenue source demonstrated the challenges facing even the biggest US bank.  ( 61 min )

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Find the latest Xylem Inc. (XYL) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

Lenders are now facing the fallout of higher-for-longer interest rates as more borrowers balk at taking out new loans at high costs. Wells Fargo's net interest income (NII) -- or the difference between what it earns on loans and pays out for deposits -- slid 9% to $11.92 billion in the second quarter. Meanwhile, banks are also bracing for looming interest rate cuts by the Federal Reserve following an aggressive monetary policy launched in early 2022.  ( 60 min )

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Find the latest Argan, Inc. (AGX) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

Investors are bracing for Wall Street banks to kick off earnings season as they debate how deep the Fed could cut rates.  ( 61 min )

Investors are bracing for Wall Street banks to kick off earnings season as they debate how deep the Fed could cut rates.  ( 26 min )

JPMorgan Chase's profit rose in the second quarter, buoyed by rising investment banking fees and an $8 billion accounting gain from a share exchange deal with Visa. The largest U.S. bank's profit was $18.15 billion, or $6.12 per share, for the three months ended June 30, compared with $14.47 billion, or $4.75 per share, a year earlier, it said on Friday.  ( 59 min )

Nvidia has been one of the best stocks to own over the past two years.  ( 62 min )

(Bloomberg) -- At a time of hyper-polarized politics, even the wonky mechanics of US bond auctions are fair game — and that’s making Treasury Secretary Janet Yellen a new favorite target of some Trump-leaning Republicans. Most Read from BloombergBiden Vows to Stay in 2024 Race Even as NATO Gaffes Risk His CampaignBiden’s Putin-Zelenskiy Gaffe Deals Fresh Blow to CampaignTesla Delays Robotaxi Event in Blow to Musk’s Autonomy DriveUS and Germany Foiled Russian Plot to Kill CEO of Arms Manufacturer  ( 64 min )

It was a buy even before this development.  ( 62 min )

(Bloomberg) -- It’s been about 25 years since Wall Street had a serious bear hunt. And it appears another one is starting up now.Most Read from BloombergBiden Vows to Stay in 2024 Race Even as NATO Gaffes Risk His CampaignBiden’s Putin-Zelenskiy Gaffe Deals Fresh Blow to CampaignTesla Delays Robotaxi Event in Blow to Musk’s Autonomy DriveUS and Germany Foiled Russian Plot to Kill CEO of Arms Manufacturer RheinmetallJill Biden Has Some Explaining To DoEarly on Aug. 27, 1999, the finance world was  ( 63 min )

The Chinese EV maker just got hit by some high tariffs in Europe.  ( 62 min )

Are the analysts right about these Nvidia-backed AI stocks?  ( 62 min )

The master limited partnership offers a rock-solid, high-yielding income stream.  ( 61 min )

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TikTok, the global hit short video platform owned by ByteDance, is set to jump into Southeast Asia's local services sector, initially enabling users in Indonesia and Thailand to obtain vouchers for restaurants, flights and hotels via links on their feeds. Restaurants owners and merchants in those two countries are being encouraged to join the social media platform's "TikTok Local Services", according to a report on Friday by Chinese media outlet 36Kr. TikTok also plans to make a foray into leisu  ( 62 min )

JPMorgan Chase, the largest U.S. lender, is expected to report a decline in quarterly profit, with analysts expecting large lenders to set aside more money to cover deteriorating loans. Shares of both JPMorgan and Citigroup were marginally down ahead of results. As the S&P 500 and Nasdaq scale new peaks, investors are hoping for strong profit growth from companies beyond the heavyweight tech names such as Nvidia so that the U.S. stocks rally can broaden out.  ( 25 min )

Has Carnival stock risen too high, too fast?  ( 62 min )

Networking solutions specialist Broadcom is set to complete is first-ever split and join an exclusive club of stock-split stocks in 2024.  ( 63 min )

Exchange-traded funds can eliminate the need for investors to pick winners and losers in fast-moving industries like artificial intelligence (AI).  ( 63 min )

(Bloomberg) -- Tesla Inc.’s stock is downgraded by UBS Group AG, on concerns that the US electric carmaker’s shares have risen “too much, too soon” on optimism over its artificial intelligence plans. Most Read from BloombergBiden Vows to Stay in 2024 Race Even as NATO Gaffes Risk His CampaignBiden’s Putin-Zelenskiy Gaffe Deals Fresh Blow to CampaignTesla Delays Robotaxi Event in Blow to Musk’s Autonomy DriveStock Rotation Hits Megacaps on Bets Fed Will Cut: Markets WrapJill Biden Has Some Explai  ( 61 min )

Will the AI chipmaker or the big data company perform better moving forward?  ( 62 min )

Broadcom and its investors are benefiting from the AI boom.  ( 62 min )

The "Oracle of Omaha" has nearly $189 billion of Berkshire Hathaway's invested assets riding on four top-notch artificial intelligence (AI) stocks.  ( 23 min )

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China’s exports beat forecasts in June, customs data showed Friday, while imports grew less than expected. Exports grew 8.6% from the same time last year to hit $307.8 billion, according to data released by Chinese customs, beating estimates of about 7.4% to 8% growth. China’s strong exports for June led to its trade surplus widening to $99 billion, up from $82.6 billion in May.  ( 26 min )

(Bloomberg) -- Asian technology stocks slumped Friday, echoing declines on Wall Street as slowing US inflation sparked a rotation out of Big Tech. The yen was volatile.Most Read from BloombergBiden’s Putin-Zelenskiy Gaffe Deals Fresh Blow to CampaignBiden Vows to Stay in 2024 Race Even as NATO Gaffes Risk His CampaignTesla Delays Robotaxi Event in Blow to Musk’s Autonomy DriveStock Rotation Hits Megacaps on Bets Fed Will Cut: Markets WrapSaudis Warned G-7 Over Russia Seizures With Debt Sale Thre  ( 62 min )

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Bitcoin could not topple a key resistance on Thursday despite positive U.S. inflation report.  ( 60 min )

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(Bloomberg) -- Taiwan Semiconductor Manufacturing Co.’s $420 billion rally this year may get supercharged by another strong quarterly earnings, as an artificial intelligence investment boom keeps beating expectations. Most Read from BloombergBiden’s Putin-Zelenskiy Gaffe Deals Fresh Blow to CampaignTesla Delays Robotaxi Event in Blow to Musk’s Autonomy DriveStock Rotation Hits Megacaps on Bets Fed Will Cut: Markets WrapSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatSaudi Prince’s Tr  ( 62 min )

Investors looking for less volatile stocks associated with companies having a proven track record can consider investing in large-cap stocks. These stocks of well-established companies have a market capitalization between $10 billion to $200 billion. Using TipRanks’ Stock Comparison Tool, we placed Starbucks (NASDAQ:SBUX), Disney (NYSE:DIS), and Energy Transfer (NYSE:ET) against each other to find the large-cap stock that could generate the most attractive returns, according to Wall Street analy  ( 63 min )

The S&P 500 added 0.6% on Friday, July 12, 2024, as the tech sector rebounded and earnings season kicked into gear with reports from numerous banking giants.  ( 21 min )

Income statements reflected economic concerns, interest-rate hurdles  ( 19 min )

Elections, rate-cut uncertainty could hold back IPOs in the second half  ( 18 min )

Despite their dour take on current prices, consumers' expectations for future inflation have softened.  ( 21 min )

The sales event, which runs July 16-17, could be Amazon's biggest ever  ( 18 min )

Various reports said StubHub has put off its planned initial public offering until after the summer because of poor market conditions.  ( 20 min )

Bank of New York Mellon posted better-than-expected quarterly earnings and boosted its dividend, sending its stock soaring to a record high.  ( 18 min )

Bitcoin has been experiencing a slow decline over the past month, but JPMorgan says that trend will reverse in August.  ( 22 min )

Shares of electric vehicle (EV) makers rallied in intraday trading Friday after analysts at Mizuho issued price target bumps for Tesla and Rivian. Lucid shares also surged.  ( 20 min )

The Producer Price Index showed wholesale prices moved up 0.2% in June, higher than economists were expecting, damping some enthusiasm that recent lower inflation readings would prompt the Federal Reserve to cut interest rates.  ( 21 min )

The S&P 500 and Nasdaq bounced back at midday after yesterday's selloff as tech stocks rallied.  ( 20 min )

Unilever is in discussions with employees about layoffs, with a report that a third of its European office staff will be cut.  ( 20 min )

Novo Nordisk rose Friday after the release of an Oxford study that showed the Danish company’s diabetes drug Ozempic was linked to lower rates of dementia and a range of mental problems.  ( 20 min )

ConocoPhillips’ planned $22.5 billion acquisition of Marathon Oil (MRO) has again drawn questions from the Federal Trade Commission.  ( 19 min )

JPMorgan Chase reported second-quarter results that surpassed analysts' expectations, thanks to a surge in investment banking revenue on higher fees and a boost from an exchange of the company's Visa shares.  ( 20 min )

Ericsson reported better-than-expected revenue on a big jump in North American sales.  ( 18 min )

Fastenal's revenue got a lift even as the distributor of fasteners and other commercial products' CEO said market activity was "challenging.  ( 20 min )

Wells Fargo shares dropped Friday after the lender reported a slump in second-quarter net interest income that offset higher-than-forecast results.  ( 20 min )

AT&T said Friday that call and text records from “nearly all” its cellular customers were compromised in a massive data breach in April, sending shares lower.  ( 17 min )

Shares of Citigroup advanced after the bank's second-quarter earnings beat analysts' estimates. Profit jumped 10% year-over-year and revenue increased 4%, while operating expenses fell 2%.  ( 17 min )

European regulators said Friday that Elon Musk's X, formerly Twitter, violates a new tech law by deceiving users with its blue check program, and failing to be transparent about its advertising services.  ( 18 min )

News of the day for July 12, 2024  ( 23 min )

Shares Suffered Largest One-Day Percentage Decline Since March on Thursday  ( 21 min )

The Small Cap Index Gained 3.6% on Thursday as S&P 500 and Nasdaq Composite Tumbled  ( 20 min )

The S&P 500 added 0.6% on Friday, July 12, 2024, as the tech sector rebounded and earnings season kicked into gear with reports from numerous banking giants.  ( 1 min )

The market for IPOs could be influenced by factors including elections in the U.S. and other countries, potential interest rate cuts and geopolitical tensions.  ( 1 min )

Shares of electric vehicle (EV) makers rallied in intraday trading Friday after analysts at Mizuho issued price target bumps for Tesla and Rivian. Lucid shares also surged.  ( 1 min )

Stocks futures tied to major U.S. indexes little changed Friday as investors digested earnings reports from big banks and another key inflation indicator that the Federal Reserve will be watching closely as it weighs when to start cutting interest rates.  ( 1 min )

Bank of New York Mellon posted better-than-expected quarterly earnings and boosted its dividend, sending its stock soaring to a record high.  ( 1 min )

The S&P 500 and Nasdaq bounced back at midday after yesterday's selloff as tech stocks rallied.  ( 1 min )

The market for IPOs could be influenced by factors including elections in the U.S. and other countries, potential interest rate cuts and geopolitical tensions.  ( 1 min )

Amazon's Prime Day kicks off Tuesday, with estimates suggesting this year's two-day sales event could be Amazon's biggest ever.  ( 1 min )

Various reports said StubHub has put off its planned initial public offering until after the summer because of poor market conditions.  ( 1 min )

Novo Nordisk rose Friday after the release of an Oxford study that showed the Danish company’s diabetes drug Ozempic was linked to lower rates of dementia and a range of mental problems.  ( 1 min )

ConocoPhillips’ planned $22.5 billion acquisition of Marathon Oil (MRO) has again drawn questions from the Federal Trade Commission.  ( 1 min )

Fastenal's revenue got a lift even as the distributor of fasteners and other commercial products' CEO said market activity was "challenging.  ( 1 min )

Wells Fargo shares dropped Friday after the lender reported a slump in second-quarter net interest income that offset higher-than-forecast results.  ( 1 min )

Shares of Citigroup advanced after the bank's second-quarter earnings beat analysts' estimates. Profit jumped 10% year-over-year and revenue increased 4%, while operating expenses fell 2%.  ( 1 min )

Quarterly earnings for large U.S. banks released Friday disclosed ongoing challenges from high interest rates and concerns about a cooling economy.  ( 1 min )

Unilever is in discussions with employees about layoffs, with a report that a third of its European office staff will be cut.  ( 1 min )

JPMorgan Chase reported second-quarter results that surpassed analysts' expectations, thanks to a surge in investment banking revenue on higher fees and a boost from an exchange of the company's Visa shares.  ( 1 min )

Ericsson reported better-than-expected revenue on a big jump in North American sales.  ( 1 min )

European regulators said Friday that Elon Musk's X, formerly Twitter, violates a new tech law by deceiving users with its blue check program, and failing to be transparent about its advertising services.  ( 1 min )

Vattenfall stopt met de aanleg van grote nieuwe warmtenetten voor bestaande bouw. De energiemaatschappij vreest dat de kosten daarvan zo hoog worden dat het onmogelijk is betaalbare tarieven te rekenen, zonder daar zelf verliezen op te lijden.  ( 1 min )

Carver, de Friese ontwikkelaar van elektrische driewielers, vraagt faillissement aan. Het bestuur van het bedrijf zegt dat "kwaliteitsproblemen en problemen in de toeleveringsketen" voor hoge kosten zorgden, terwijl de productie en verkoop van de voertuigen stagneerden.  ( 1 min )

Middelbare scholieren zijn onderling socialer en volgen lessen met meer focus sinds telefoons niet meer welkom zijn in de klas. Dat zeggen leraren en schoolleiders van bijna zeshonderd Nederlandse middelbare scholen.  ( 1 min )

Middelbare scholieren zijn onderling socialer en volgen lessen met meer focus sinds telefoons niet meer welkom zijn in de klas. Dat zeggen leraren en schoolleiders van bijna zeshonderd Nederlandse middelbare scholen.  ( 1 min )

Unilever wil een derde van al zijn kantoorfuncties in Europa schrappen. Dat bevestigt het bedrijf na berichtgeving door de Britse zakenkrant Financial Times. Tegen het einde van 2025 moeten er tussen de 3.000 en 3.200 banen verdwijnen.  ( 1 min )

Na een tocht van twaalf uur hebben twee studenten van de TU Delft donderdagavond laat met een zelfgebouwde waterstofboot Engeland bereikt. Het oversteken van de Noordzee was succesvol, maar ook spannend. Kort na het vertrek ging het "flink mis".  ( 1 min )

Het socialemediabedrijf X van Elon Musk misleidt zijn gebruikers, concludeert de Europese Commissie na onderzoek. Het gaat om de blauwe vinkjes. Voorheen gaf zo'n vinkje aan dat een bekend account was geverifieerd, maar inmiddels kan iedereen er een kopen.  ( 1 min )

De Inspectie Leefomgeving en Transport scherpt haar eisen aan omdat er nog te weinig plastic flesjes worden ingezameld. Dwangsommen moeten ervoor zorgen dat er voor 2027 5.400 extra inleverpunten komen. Die moeten dan ook beschadigde flesjes accepteren.  ( 1 min )

De overheid had Schiphol niet zomaar mogen opleggen het aantal vluchten per jaar te verlagen van 500.000 naar 460.000 om geluidshinder voor omwonenden te verminderen. Daarvoor was echt afstemming en overleg met luchtvaartmaatschappijen nodig geweest, oordeelt de Hoge Raad.  ( 1 min )

Hoewel er vorig jaar 88.200 woningen werden bijgebouwd, is het woningtekort alsnog toegenomen. Er zijn op dit moment 400.500 woningen te weinig. Dat zijn er 10.300 meer dan vorig jaar.  ( 1 min )

In de eerste helft van het jaar zijn 2.295 bedrijven in Nederland failliet gegaan. Dat zijn er 40 procent meer dan in dezelfde periode vorig jaar. Vooral in de bouw en de horeca vielen veel ondernemingen om.  ( 1 min )

In de eerste helft van het jaar gingen 2.295 bedrijven in Nederland failliet. Dat zijn er 40 procent meer dan in dezelfde periode vorig jaar. Vooral in de bouw en de horeca gaan veel ondernemingen failliet.  ( 1 min )

Op 1 mei, de deadline van de belastingaangifte, hadden bijna 232.000 mensen geen aangifte gedaan terwijl ze dit wel moesten. De Belastingdienst probeert ze met telefoontjes en sms'jes alsnog zover te krijgen. En vaak werkt dat. Mensen die vaker verzuimen krijgen een kaartje.  ( 1 min )

Op 1 mei, de deadline van de belastingaangifte, hadden bijna 232.000 mensen geen aangifte gedaan terwijl ze dit wel moesten. De Belastingdienst probeert ze met telefoontjes en sms'jes alsnog zover te krijgen. En vaak werkt dat. Mensen die vaker verzuimen krijgen een kaartje.  ( 1 min )

Gas prices can take the credit for causing an unexpected drop in consumer prices in June. But that may not be the case this month.  ( 17 min )

It may not feel like it, but on average, Americans’ paychecks are going further these days than they did before the pandemic.  ( 18 min )

Consumer prices fell last month for the first time since 2022, and that could facilitate a shift in the Federal Reserve's high interest rate policy designed to combat inflation.  ( 21 min )

After Costco said it would raise membership fees for the first time in seven years, several analysts raised their price targets for Costco stock, anticipating the higher fees could boost Costco's bottom line.  ( 20 min )

The S&P 500 fell 0.9% on Thursday, July 11, 2024, retreating from a record high as tech stocks came under pressure following the latest inflation data.  ( 21 min )

A British regulator warned Amazon it could be investigated over the way it deals with its suppliers.  ( 20 min )

Homebuilder stocks jumped after a cooler-than-expected inflation report for June raised investor hopes of a rate cut by the U.S. Federal Reserve.  ( 20 min )

Tesla shares tumbled in intraday trading Thursday following a report that the unveiling of the electric vehicle (EV) maker's self-driving robotaxi has been delayed.  ( 20 min )

Tech stocks lost ground Thursday as investors rotated into small caps, amid hopes they could get a big boost from Federal Reserve rate cuts.  ( 20 min )

Investors will watch closely for clues to the health of the consumer as the second-quarter earnings season picks up steam. Bank earnings, starting Friday, will offer more financial context.  ( 20 min )

U.S. equities were mixed at midday as falling tech stocks put the brakes on the record-setting rally for the S&P 500 and Nasdaq.  ( 20 min )

Bitcoin prices surged briefly after cooler-than-expected June inflation data but failed to break the $60K mark.  ( 22 min )

Pfizer said it would be moving forward with studies of a once-a-day oral weight-loss pill after testing its modified release formulation.  ( 18 min )

Shares of QuantumScape Corporation jumped in intraday trading Thursday after the electric vehicle (EV) battery producer reached a licensing deal with Volkswagen Group’s battery company PowerCo.  ( 20 min )

The Federal Reserve has turned its attention to the labor market in recent weeks as it has shown signs of softening.  ( 20 min )

Conagra Brands gave a disappointing fiscal 2025 outlook as it faced a tough consumer environment.  ( 20 min )

SoundHound AI's voice artificial intelligence (AI) technology is being added to more Stellantis-owned vehicle brands in Europe.  ( 17 min )

MicroStrategy, one of the world's largest holders of bitcoin, said Thursday it is planning a 10-for-1 stock split, making it the latest company to announce a split.  ( 20 min )

Analysts expect few surprises from the big banks this earnings season, though the outlook is shifting as the expectation of interest-rate cuts intensifies.  ( 23 min )

Automakers General Motors and Stellantis are getting almost $1.1 billion in grants to convert “at-risk” plants into electric vehicle (EV)-related production facilities, the U.S. Department of Energy said Thursday.  ( 20 min )

PepsiCo shares slipped in intraday trading Thursday after the company delivered mixed second-quarter results and cut its full-year organic growth outlook.  ( 20 min )

A Bank of America survey indicated that 46% of of Gen Z adults reported getting financial assistance from their parents or family to fund expenses like food, rent and phone plans.  ( 17 min )

Delta and several other airline stocks fell Thursday after the carrier's second-quarter profit came in well below what analysts had expected despite strong demand for air travel.  ( 20 min )

Consumer prices unexpectedly fell in June, giving some relief to household budgets and possibly confidence to Federal Reserve policymakers that their fight against inflation is working.  ( 21 min )

Apple has settled its "tap and go" payments probe with the European Commission, the European Union's enforcement arm, opening its mobile wallet to rivals for free to avoid antitrust fines.  ( 20 min )

The International Energy Agency said Thursday that it was lowering its 2025 oil demand projection after shrinking consumption in China led to the slowest quarter of growth since the end of 2022.  ( 20 min )

News of the day for July 11, 2024  ( 22 min )

Shares Have Gained 35% in 2024  ( 20 min )

Costco Wholesale gained 2.5% in extended trading Wednesday after the retailer hiked its membership fees for the first time since 2017 and posted a jump in June sales. Monitor this key chart level.  ( 21 min )

One product investors were very excited about might be delayed.  ( 60 min )

Few investors have more market experience than Berkshire Hathaway Inc (NYSE:BRK) (NYSE:BRK) CEO Warren Buffett, who's seen his fair share of over-extended bull markets. After the Dot-Com Bubble crash in 2000, Buffett noted that comparing the market capitalization of stocks to Gross Domestic Product (GDP) is the best indicator of whether equities are overvalued or undervalued at current prices. Read Next: Warren Buffett flipped his neighbor's $67,000 life savings into a $50 million fortune — How  ( 61 min )

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Former CEO Craig Jelinek and ex-CFO Richard Galanti had previously held off on raising fees as customers dealt with high inflation.  ( 61 min )

“Is the market down? Or is this the most extreme rotation that we've ever seen out of everything that people have been hiding in?” Bancreek Capital Advisors’s Eric Pachman asked.  ( 63 min )

There's a common belief that wealthy Americans were heavily taxed in the 1950s, with a top income tax rate of 91%. But was this the case? Let’s breakdown what was happening with taxes back then. The top federal income tax rate was 91% for much of the 1950s. However, this figure is a bit misleading regarding what the wealthy paid. The Tax Foundation explains that the 91% tax rate is only applied to incomes over $200,000, about $2 million in today's dollars. Don't Miss: Are you rich? Here’s what A  ( 62 min )

Successful investors are also successful bargain hunters; buying low and selling high might be cliché, but it’s also a sure way to build up a profitable stock portfolio. The only trick to it is recognizing which low-priced stocks are the right ones to buy. It’s a trick because a stock may be down due to a whole range of circumstances, sometimes due to not quite meeting Street expectations and sometimes just due to shifting market dynamics, amongst other factors. The key, of course, lies in findi  ( 63 min )

Many Americans are increasingly concerned about the retirement crisis threatening their savings and planning. However, 44% of Americans, referred to as "super savers," are on the right path toward a successful retirement. Don't Miss: Are you rich? Here’s what Americans think you need to be considered wealthy. Can you guess how many retire with a $5,000,000 nest egg? – How does it compare to the average? Recent research from the Transamerica Institute shows super savers contribute more than 10% o  ( 62 min )

A lower-than-expected inflation report for June caused wild market reactions, leading to a surge in traders’ expectations of Federal Reserve rate cuts and boosting assets that are particularly sensitive to high interest rates. As the annual inflation rate slowed from 3.3% to 3%, below the predicted 3.1%, and the monthly reading indicated the first contraction (-0.1%) in four years, traders swiftly increased their odds of a September rate cut, now placing a 92% chance. Surprisingly, large-cap ind  ( 61 min )

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EV battery maker QuantumScape inks a big new deal with a global automaker.  ( 60 min )

A debate over retirement withdrawal strategies has erupted, with financial experts Dave Ramsey and Suze Orman at the center. This topic was recently posted on the Power of Zero YouTube channel, where differing opinions have sparked a broader discussion among financial advisors and retirees. Don't Miss: Can you guess how many retire with a $5,000,000 nest egg? – How does it compare to the average? How much money will a $200,000 annuity pay out each month? The numbers may shock you. The controvers  ( 62 min )

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Commissioner Caroline Crenshaw of the U.S. Securities and Exchange Commission (SEC) told senators on Thursday that rampant fraud in crypto markets left her unwilling to approve bitcoin exchange traded products earlier this year.  ( 61 min )

Mark Cuban is no stranger to making headlines for his business ventures. However, one story that stands out is how the NBA fined him a whopping $100,000 for his unconventional leadership style. Shortly after selling his company Broadcast.com to Yahoo in 1999 and becoming a billionaire, Cuban bought the Dallas Mavericks for $285 million. As CNBC reports, full of energy and enthusiasm, he wanted to dive right into his dream job. Don't Miss: Amid the ongoing EV revolution, previously overlooked low  ( 62 min )

Find the latest Paramount Global (PARA) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

The IRS says it reached an important ‘milestone’ in tax enforcement thanks to a bigger budget and more staff  ( 62 min )

The first 401(k) generation feels like they are lagging behind.  ( 60 min )

(Bloomberg) -- Tesla Inc. is delaying its planned robotaxi unveiling to October, from August, to allow teams working on the project more time to build additional vehicle prototypes, according to people familiar with the decision.Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatModi’s Embrace of Putin Irks Biden Team Pushing Support for KyivArchegos’ Bill Hwang Convicted of Fraud, Market ManipulationBiden Aides to Meet Senators After Pelosi Remarks Deal BlowNATO  ( 60 min )

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Jerome Powell steps up for part two of his policy update to Congress, with investors on the alert for more clues to rate-cut prospects.  ( 77 min )

Jerome Powell steps up for part two of his policy update to Congress, with investors on the alert for more clues to rate-cut prospects.  ( 70 min )

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Filing with SEC shows the dire state of affairs at the discount chain.  ( 60 min )

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(Bloomberg) -- Anthony Scaramucci effectively barred clients from exiting SkyBridge Capital’s crypto-focused hedge fund, even though returns have jumped.Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatModi’s Embrace of Putin Irks Biden Team Pushing Support for KyivArchegos’ Bill Hwang Convicted of Fraud, Market ManipulationBiden Aides to Meet Senators After Pelosi Remarks Deal BlowNATO Singles Out China Over Its Support for Russia in UkraineInvestors who own a  ( 26 min )

(Bloomberg) -- MicroStrategy Inc., the largest publicly-traded corporate holder of Bitcoin, said it will conduct a 10-for-1 stock split to make the shares more accessible to investors and employees. Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatArchegos’ Bill Hwang Convicted of Fraud, Market ManipulationModi’s Embrace of Putin Irks Biden Team Pushing Support for KyivBiden Aides to Meet Senators After Pelosi Remarks Deal BlowNATO Singles Out China Over Its Su  ( 60 min )

I am 57 and have $1.1 million in my 401(k) and $50,000 in a high-yield savings account. I earn $300,000 per year and put $30,000 in my 401(k) each year plus a match on the first 6%. I have a $220,000 mortgage on a home valued at $550,000. I would like to retire at 62 […] The post Ask an Advisor: I Have $1.15 Million Saved and Will Collect $3,500 Per Month in Social Security. Can I Retire at 62? appeared first on SmartReads by SmartAsset.  ( 63 min )

In a lively segment of the Ramsey Show, 21-year-old caller Matt sparked a spirited debate on the merits of index funds versus mutual funds. Matt, who has been investing since he was 15, called in to ask why the show’s hosts, known for their financial advice, prefer mutual funds over index funds. Don't Miss: Warren Buffett flipped his neighbor's $67,000 life savings into a $50 million fortune — How much is that worth today? Can you guess how many retire with a $5,000,000 nest egg? – How does it c  ( 62 min )

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While their turnarounds may take time, these stocks are available at what could prove to be once-in-a-decade valuations.  ( 63 min )

The company is the largest corporate bitcoin holder with more than $13 billion worth of BTC in its treasury.  ( 60 min )

June's CPI showed inflation is cooling, raising investor hopes for Fed rate cuts  ( 20 min )

If you’re 60 years old with $1.2 million saved for retirement in a traditional IRA, you may be starting to think about required minimum distributions (RMDs) and the hefty annual tax bill they can create once you turn 73. Converting a portion of your IRA to a Roth IRA each year can help you reduce […] The post I'm 60 With $1.2 Million in an IRA. Should I Convert $120,000 Per Year to a Roth to Avoid RMDs? appeared first on SmartReads by SmartAsset.  ( 64 min )

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Markets are rising, and investors are looking to maximize their returns. While growth stocks are a natural choice in this environment, we should not ignore the dividend stocks. These shares, with their combination of natural price appreciation and dividend payouts, offer investors a sound choice for solid returns. Dividend investing is usually seen as a defensive play, but it makes a sound choice in good times, too, as part of a balanced portfolio. The dividend payments ensure a steady income st  ( 63 min )

Jerome Powell steps up for part two of his policy update to Congress, with investors on the alert for more clues to rate-cut prospects.  ( 66 min )

Jerome Powell steps up for part two of his policy update to Congress, with investors on the alert for more clues to rate-cut prospects.  ( 65 min )

These two stocks could have vastly different long-term performances.  ( 62 min )

U.S. consumer prices unexpectedly fell and the annual increase was the smallest in a year, reinforcing views that the disinflation trend was back on track and drawing the Federal Reserve another step closer to cutting interest rates. The consumer price index dipped 0.1% last month after being unchanged in May, the Labor Department's Bureau of Labor Statistics said on Thursday. It was the second straight month of tame CPI readings, and could help to bolster confidence among officials at the U.S. central bank that inflation was cooling.  ( 60 min )

Analysts have said MicroStrategy's purchase of bitcoin to protect the value of its reserve assets has helped strengthen the appeal of the firm's stock, which tends to move in tandem with the digital asset. MicroStrategy began buying and holding bitcoin in 2020 as revenue from its software business eased, and it is now the largest corporate holder of the cryptocurrency.  ( 60 min )

On Thursday, Volkswagen Group’s battery company PowerCo and QuantumScape Corp (NASDAQ:QS) have agreed to industrialize QuantumScape’s next-generation solid-state lithium-metal battery technology. QuantumScape stock gained after the deal announcement. QuantumScape will grant PowerCo the license to mass-produce battery cells based on QuantumScape’s technology platform upon satisfactory technical progress and certain royalty payments. Under the non-exclusive license, PowerCo can manufacture up to 4  ( 60 min )

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For a start-up EV maker like Rivian, it's huge that its debut model keeps winning plaudits from critics and consumers alike.  ( 62 min )

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(Bloomberg) -- PepsiCo Inc. reported weaker-than-expected revenue growth as its snack-food business was hurt by increasingly budget-focused shoppers and a recent Quaker Foods recall.Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatArchegos’ Bill Hwang Convicted of Fraud, Market ManipulationBiden Aides to Meet Senators After Pelosi Remarks Deal BlowNATO Singles Out China Over Its Support for Russia in UkraineModi’s Embrace of Putin Irks Biden Team Pushing Suppor  ( 61 min )

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Jerome Powell steps up for part two of his policy update to Congress, with investors on the alert for more clues to rate-cut prospects.  ( 64 min )

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Volkswagen will massively ramp up production of solid-state batteries developed with U.S. startup QuantumScape, both companies said on Thursday, as the German carmaker aims to bring the technology into more vehicles. Under an agreement announced on Thursday, Volkswagen's battery unit PowerCo will receive the licence to mass-produce battery cells based on QuantumScape technology, pending technological progress and certain royalty payments, they said.  ( 60 min )

Alphabet has been a strong performer so far in 2024, but it could lead in the second half.  ( 62 min )

Find the latest Seagate Technology Holdings PLC (STX) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

Find the latest Silk Road Medical, Inc. (SILK) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 49 min )

A higher pace of travel pushed Delta to record Q2 revenue, but declining airline fares are contributing to the industry's decelerating profit growth.  ( 62 min )

Find the latest Offerpad Solutions Inc. (OPAD) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

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The S&P 500 notched its sixth consecutive record close and the Nasdaq its seventh on Wednesday, boosted by gains in the most heavily weighted stocks as well as shares of semiconductor companies. Wednesday's rally came as Federal Reserve Chairman Jerome Powell lifted expectations for the central bank to ease policy in September, as markets currently expect.  ( 60 min )

Stocks with big run-ups behind them can still be smart buys.  ( 62 min )

PepsiCo reported higher-than-expected earnings in the second quarter even as customer demand for its snacks and drinks continued to slip. The Purchase, New York-based company said its net income rose 12% to $3 billion, or an adjusted $2.28 per share, for the April-June period. PepsiCo said its revenue grew less than 1% to $22.5 billion.  ( 60 min )

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Over the past 10 years, these stocks have averaged second-half returns of more than 28%.  ( 62 min )

Nvidia and Palantir are expected to more than double by 2030.  ( 28 min )

The tech company's massive potential to grow its private-sector business has driven sizzling share price gains.  ( 62 min )

The S&P 500 is a group of businesses that are bound to perform well over time, according to Warren Buffett.  ( 62 min )

The IRS announced Thursday that it has collected $1 billion in back taxes from high-wealth tax cheats — a milestone meant to showcase how the agency is making use of the money it received as part of the Biden administration's signature climate, health care, and tax package signed into law in 2022. Part of the push for public awareness of high-wealth tax collections is a growing recognition by agency officials that a potential Republican takeover of the White House and Congress could mean massive future budget cuts for the IRS. As part of that effort, last year the IRS launched a series of initiatives aimed at pursuing high-wealth individuals who have failed to pay their tax debts.  ( 61 min )

Gen X relied on 401(k)s for retirement savings, They should consider converting some of that to Roth IRAs, experts say.  ( 62 min )

A pair of Wall Street analysts expect two top-notch artificial intelligence (AI) stocks to climb by 102% and 116% over the next 12 months.  ( 29 min )

Among the Dow Jones Industrial Average's 30 time-tested components, there are three that stand out as phenomenal buys right now.  ( 64 min )

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Chipmaker Broadcom will become Wall Street's newest stock-split stock on Friday, July 12.  ( 62 min )

It's easy to overlook the benefits of dividend stocks when the S&P 500 is soaring to new heights.  ( 64 min )

If these analysts are correct, shares of Palantir and Arm are headed for sharp declines.  ( 28 min )

(Bloomberg) -- Asian equities advanced after a rally in the world’s largest tech stocks lifted global shares to new highs ahead of US inflation data due later Thursday.Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatArchegos’ Bill Hwang Convicted of Fraud, Market ManipulationBiden Aides to Meet Senators After Pelosi Remarks Deal BlowDistressed Property Buyers Seek Out ‘Exceptional Bargains’S&P 500 Tops 5,600 Mark in Longest Rally This Year: Markets WrapEquitie  ( 62 min )

Taiwan Semiconductor Manufacturing Company (NYSE:TSM), or TSMC, is one of the best-rated mega-cap stocks by analysts on TipRanks. It’s rated a Strong Buy, with 10 Buy ratings and no Sell or Hold ratings. However, the stock has surged since I last covered it on April 29, and despite several positive catalysts, I’m only somewhat bullish on TSM, with the valuation becoming increasingly stretched. Therefore, it may not be the best opportunity out there despite the Strong Buy consensus rating. TSMC S  ( 62 min )

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The yen has been sliding to fresh 38-year lows day by day, with market participants on alert for Japanese authorities to step in again, as they did in March, to defend the currency. Massive interest rate differentials between the U.S. and Japan have been weighing the yen down, putting monetary policy at the centre of the currency's woes. With the Federal Reserve signalling it is close to cutting rates and the Bank of Japan intent on slowly raising its rates from near zero this year, the wide 5 percentage point spread between dollar and yen interest rates should shrink eventually, helping arrest if not reverse the yen's depreciation.  ( 26 min )

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Stocks rose on Thursday, with markets from Tokyo to New York at record highs, while traders counted down to U.S. data that is expected to show inflation easing and pave the way for rate cuts in September. Gains in heavyweight technology shares sent the S&P 500 up 1% overnight to a sixth consecutive record closing high, and in Asia, Japan's Nikkei rose 1% to a record high at 42,426. MSCI's broadest index of Asia-Pacific shares outside Japan also gained 1% to a two-year high.  ( 61 min )

Costco Wholesale gained 2.5% in extended trading Wednesday after the retailer hiked its membership fees for the first time since 2017 and posted a jump in June sales. Monitor this key chart level.  ( 60 min )

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The S&P 500 fell 0.9% on Thursday, July 11, 2024, retreating from a record high as tech stocks came under pressure following the latest inflation data.  ( 1 min )

Homebuilder stocks jumped after a cooler-than-expected inflation report for June raised investor hopes of a rate cut by the U.S. Federal Reserve.  ( 1 min )

Tech stocks lost ground Thursday as investors rotated into small caps, amid hopes they could get a big boost from Federal Reserve rate cuts.  ( 1 min )

U.S. equities were mixed at midday as falling tech stocks put the brakes on the record-setting rally for the S&P 500 and Nasdaq.  ( 1 min )

Shares of QuantumScape Corporation jumped in intraday trading Thursday after the electric vehicle (EV) battery producer reached a licensing deal with Volkswagen Group’s battery company PowerCo.  ( 1 min )

MicroStrategy, one of the world's largest holders of bitcoin, said Thursday it is planning a 10-for-1 stock split, making it the latest company to announce a split.  ( 1 min )

Analysts expect few surprises from the big banks this earnings season, though the outlook is shifting as the expectation of interest-rate cuts intensifies.  ( 1 min )

U.S. stock futures were slightly lower Thursday as the earnings reporting season kicked off and investors awaited a critical measure of inflation that will help determine how soon the Federal Reserve can start cutting interest rates.  ( 1 min )

The Russell 2000 jumped 3.6% on Thursday as investors rotated from mega-cap tech stocks into smaller companies that could be poised to get a bigger boost from potential Federal Reserve rate cuts. Monitor these key chart levels.  ( 1 min )

Tesla shares tumbled in intraday trading Thursday following a report that the unveiling of the electric vehicle (EV) maker's self-driving robotaxi has been delayed.  ( 1 min )

SoundHound AI's voice artificial intelligence (AI) technology is being added to more Stellantis-owned vehicle brands in Europe.  ( 1 min )

The International Energy Agency said Thursday that it was lowering its 2025 oil demand projection after shrinking consumption in China led to the slowest quarter of growth since the end of 2022.  ( 1 min )

Walmart shares climbed to a new record high on Wednesday after Jefferies analysts said that the big box retailer’s investment in AI has the potential to double its operating income by streamlining operations. Monitor these important chart levels.  ( 1 min )

Costco Wholesale gained 2.5% in extended trading Wednesday after the retailer hiked its membership fees for the first time since 2017 and posted a jump in June sales. Monitor this key chart level.  ( 1 min )

A British regulator warned Amazon it could be investigated over the way it deals with its suppliers.  ( 1 min )

Pfizer said it would be moving forward with studies of a once-a-day oral weight-loss pill after testing its modified release formulation.  ( 1 min )

Conagra Brands gave a disappointing fiscal 2025 outlook as it faced a tough consumer environment.  ( 1 min )

Automakers General Motors and Stellantis are getting almost $1.1 billion in grants to convert “at-risk” plants into electric vehicle (EV)-related production facilities, the U.S. Department of Energy said Thursday.  ( 1 min )

PepsiCo shares slipped in intraday trading Thursday after the company delivered mixed second-quarter results and cut its full-year organic growth outlook.  ( 1 min )

Apple has settled its "tap and go" payments probe with the European Commission, the European Union's enforcement arm, opening its mobile wallet to rivals for free to avoid antitrust fines.  ( 1 min )

After Costco said it would raise membership fees for the first time in seven years, several analysts raised their price targets for Costco stock, anticipating the higher fees could boost Costco's bottom line.  ( 1 min )

Delta and several other airline stocks fell Thursday after the carrier's second-quarter profit came in well below what analysts had expected despite strong demand for air travel.  ( 1 min )

Internationale toeristen geven dit jaar meer geld uit in Europa dan voorgaande jaren, verwacht de European Travel Commission (ETC). Het gaat volgens de commissie om een recordbedrag van 800 miljard euro.  ( 1 min )

Internationale toeristen geven dit jaar meer geld uit in Europa dan voorgaande jaren, verwacht de European Travel Commission (ETC). Het gaat volgens de commissie om een recordbedrag van 800 miljard euro.  ( 1 min )

Internationale toeristen geven dit jaar meer geld uit in Europa dan voorgaande jaren, verwacht de European Travel Commission (ETC). Het gaat volgens de commissie om een recordbedrag van 800 miljard euro.  ( 1 min )

De inflatie in de Verenigde Staten kwam in juni uit op 3 procent. Het percentage dat zegt hoe hard de prijzen zijn gestegen ten opzichte van een jaar eerder, was daarmee lager dan in mei. Toen stegen de prijzen nog met 3,3 procent.  ( 1 min )

Het begrotingstekort van Frankrijk dreigt de komende jaren flink op te lopen. De overheid moet daarom de broekriem flink aanhalen, waarschuwt de president van de Franse centrale bank.  ( 1 min )

Studenten van de TU Delft zijn donderdag met een zelfgebouwde waterstofboot richting Engeland vertrokken. Als het de studenten lukt daar aan te komen, is het de eerste keer dat een boot op waterstof de Noordzee oversteekt.  ( 1 min )

Concurrenten van Apple mogen straks ook gebruikmaken van Apple Pay, de betaaldienst van het bedrijf voor contactloos betalen. De Europese Commissie heeft daarvoor wettelijk bindende afspraken gemaakt met het techbedrijf.  ( 1 min )

De bouwsector zal dit jaar voor het tweede jaar op rij krimpen, verwachten economen van ABN AMRO. De sector krimpt vooral doordat de nieuwbouw van woningen en bedrijfsgebouwen afremt.  ( 1 min )

Conservenfabrikant HAK ziet dat de vele regen dit jaar de oogst van onder meer sperziebonen, worteltjes en erwtjes bemoeilijkt. Ondanks dat HAK inzet op het bewaren van groenten in weckpotten, wordt het toch spannend of schappen leeg zullen raken.  ( 1 min )

De zon heeft zich deze zomer nog maar weinig laten zien. Jachthavens en campings doen minder goede zaken en mensen die van plan waren om in Nederland te blijven, pakken alsnog hun biezen richting zonzekere bestemmingen. Maar ook die geijkte zomerbestemmingen zijn niet zonder risico.  ( 1 min )

De zon heeft zich deze zomer nog maar weinig laten zien. Jachthavens en campings doen minder goede zaken en mensen die van plan waren om in Nederland te blijven, pakken alsnog hun biezen richting zonzekere bestemmingen. Maar ook die geijkte zomerbestemmingen zijn niet zonder risico.  ( 1 min )

Netbeheerder Liander overweegt eigenaren van thuisbatterijen een vergoeding te geven als zij helpen om lokale overbelasting van het stroomnet te bestrijden. Nu dreigen de accu's de files op het stroomnet op sommige momenten juist erger te maken.  ( 1 min )

Netbeheerder Liander overweegt eigenaren van thuisbatterijen een vergoeding te geven als zij helpen om lokale overbelasting van het stroomnet te bestrijden. Nu dreigen de accu's de files op het stroomnet op sommige momenten juist erger te maken.  ( 1 min )

With the minimum wage going up in 25 states this year, more than a third of employers surveyed said they planned to increase pay for workers, but others said they planned to tackle the requirements through different means.  ( 20 min )

Costco said it is raising its membership fees for the first time since 2017, sending the retailer's stock higher in extended trading Wednesday.  ( 20 min )

If you’re sick of high prices for the stuff you buy every day, Federal Reserve Chair Jerome Powell has some bad news for you: prices aren’t ever going down—not if he can help it.  ( 23 min )

Apple could stand to double its revenue growth by selling ads on Apple TV+, Needham analysts said, and lifted the iPhone maker’s price target Wednesday.  ( 17 min )

The government’s consumer financial watchdog agency is attempting to make it harder for a bank to take your house after you miss payments.  ( 20 min )

CarMax, Carvana shares climb; HubSpot stock retreats  ( 21 min )

Stock Has Gained 44% During Streak  ( 21 min )

HubSpot shares tumbled Wednesday after reports that Google parent Alphabet was no longer trying to buy the CRM company.  ( 20 min )

Advanced Micro Devices moved to boost its position in the artificial intelligence market by buying Silo AI, Europe's largest private AI lab.  ( 21 min )

TurboTax Owner Plans to Cut 10% of Employees  ( 21 min )

Bitcoin's price rose to more than $59,000 in the early U.S. hours Wednesday before settling back to the $57,400 level in the afternoon.  ( 23 min )

Shares of Rice Krispies and Special K maker WK Kellogg slipped Wednesday after Bank of America put a bearish rating on the cereal company’s shares.  ( 19 min )

3M Chief Financial Officer Monish Patolawala has left the company to take the same position at Archer Daniels Midland, the company announced Wednesday.  ( 20 min )

The Magnificent 7's earnings growth could slow, as the other 493 S&P 500 companies gain  ( 21 min )

Nvidia shares gained again on Wednesday, nearing a record high, as the chipmaker continues to benefit from investor enthusiasm about the company's strong position during the AI boom.  ( 21 min )

Macy's announced a special summer sale, joining other big retailers making a major seasonal push to bring in customers.  ( 20 min )

Walmart has made a number of investments in artificial intelligence and automation in recent years, and Jefferies analysts wrote Wednesday that they are starting to pay off.  ( 21 min )

The S&P 500 and Nasdaq added to their record highs in intraday trading Wednesday amid optimism about rate cuts by the Federal Reserve.  ( 20 min )

Carvana shares drove higher Wednesday after analysts at Needham upgraded its stock to "buy" from "hold" and the company unveiled new features for buying electric vehicles.  ( 20 min )

Baidu shares rose in intraday trading Wednesday amid reports of optimism about the Chinese tech firm's robotaxi.  ( 20 min )

Honeywell is buying the liquified natural gas process technology and equipment business from Air Products & Chemicals for $1.81 billion in cash.  ( 20 min )

Taiwan Semiconductor Manufacturing Company on Wednesday released sales figures for June that showed second-quarter revenue rose 40% from last year.  ( 18 min )

LegalZoom shares tanked Wednesday after the company said CEO Dan Wernikoff was departing and it reduced its full-year guidance.  ( 20 min )

Samsung Electronics workers in South Korea have extended an ongoing strike "indefinitely," according to a labor union statement Wednesday.  ( 20 min )

Microsoft has given up its non-voting board seat on OpenAI's board less than a year after taking it, while Apple has declined taking a similar role as its partnership with OpenAI grows, according to reports.  ( 21 min )

News of the day for July 10, 2024  ( 22 min )

Shares Have Surged to Three-Year High  ( 20 min )

Oracle Shares Shed 3% on Tuesday  ( 21 min )

Cathie Wood, founder and CEO of ARK Investment Management, defended the strategy of the firm's money-losing flagship fund, telling investors in a letter released late on Wednesday that its fortunes will reverse when interest rates fall. The ARK Innovation ETF fund has taken investors on a rollercoaster ride in recent years. In a letter posted on ARK's website, Wood wrote she fully acknowledged "the macro environment and some stock picks have challenged our recent performance."  ( 60 min )

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(Bloomberg) -- A rally in the world’s largest technology companies sent stocks to all-time highs, with Jerome Powell’s remarks to Congress not doing much to dissuade traders from betting on Federal Reserve rate cuts this year.Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatThe End of the Cheap Money Era Catches Up to Chelsea FC’s OwnerDistressed Property Buyers Seek Out ‘Exceptional Bargains’Microsoft, Apple Drop OpenAI Board Plans as Scrutiny GrowsNYC Penthou  ( 63 min )

Honeywell did not violate workplace anti-discrimination laws by firing a white engineer who refused to participate in mandatory diversity, equity and inclusion training after the Black Lives Matter movement began, a U.S. appeals court ruled on Wednesday. The 7th U.S. Circuit Court of Appeals in Chicago found no proof that Honeywell retaliated against Charles Vavra, after he complained a video he was supposed to watch on preventing unconscious bias in the workplace contained racist content. In a 3-0 decision, the court said Vavra had no basis to reasonably believe the video violated Title VII of the federal Civil Rights Act or an Illinois human rights law, because he never watched the video in the first place.  ( 61 min )

The founder of Archegos Capital Management, a hedge fund that collapsed in 2021, was convicted Wednesday of securities fraud in a scheme that prosecutors said cost global investment banks billions of dollars. Bill Hwang looked straight ahead as the verdict was read, taking several sips of water as the jury convicted him of 10 criminal counts. Federal prosecutors in New York said Hwang and his co-conspirators artificially inflated the values of nearly a dozen stocks before the investments collapsed, wiping out $100 billion in market value along with the company he created.  ( 60 min )

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Stock Has Gained 44% During Streak  ( 60 min )

The workforce is disenchanted and disengaged, but too constrained to leave.  ( 62 min )

Jerome Powell steps up for part two of his policy update to Congress, with investors on the alert for more clues to rate-cut prospects.  ( 75 min )

Recent blockchain movements sparked "irrational" fears, offering a buying opportunity for investors, NYDIG's Greg Cipolaro said.  ( 60 min )

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It's not often that legislation receives strong bipartisan support and is signed into law, but that's exactly what just happened as Congress seeks to spur nuclear power growth.  ( 62 min )

(Bloomberg) -- Google parent Alphabet Inc. has shelved efforts to acquire HubSpot Inc., according to people with knowledge of the matter, putting to bed the prospect of a takeover that would have ranked among the biggest of the year.Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatThe End of the Cheap Money Era Catches Up to Chelsea FC’s OwnerMicrosoft, Apple Drop OpenAI Board Plans as Scrutiny GrowsDistressed Property Buyers Seek Out ‘Exceptional Bargains’NYC  ( 60 min )

REIT stocks have continued to suffer this year amid dampening hopes of interest rate cuts. However, analysts believe there are several growth catalysts for REITs ahead. Chilton Capital Management said in a report in May that REITs are nearing the ...  ( 62 min )

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It’s been a crazy few years in the industrial sector. A new report, out from Citigroup analyst Kyle Menges, takes especial note of the machinery segment, a set of industrial companies that build and market specialized heavy equipment for a wide variety of applications, from construction to agriculture, and pretty much everything in between. The machinery segment built up heavy work backlogs during the pandemic lockdown period a few years ago, on the combination of increased demand and constraine  ( 64 min )

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Artificial intelligence chip stocks led by Nvidia Corp (NASDAQ:NVDA) and Advanced Micro Devices, Inc (NASDAQ:AMD) are trading higher Wednesday after leading contract chipmaker Taiwan Semiconductor Manufacturing Co (NYSE:TSM) reported June revenue growth of 33% year-on-year. The preliminary second-quarter revenue grew 32% Y/Y. Taiwan Semiconductor’s revenue growth bears testimony to the continued AI frenzy. Analysts touted Nvidia as the primary AI beneficiary, followed by AMD. Also Read: Nvidia A  ( 60 min )

Renowned personal finance expert Suze Orman, host of the "Women & Money" podcast, recently shared several things that she firmly believes people should do if they receive an inheritance. "You have to look at your financial situation and you need to write everything down," she starts out. Don't Miss: The average American couple has saved this much money for retirement — How do you compare? Many are surprised by Mark Cuban’s advice for lotto winners: Cash or annuity? Before doing anything with you  ( 62 min )

Military spending is consistently a significant part of the United States budget, and there are no signs of that abating any time soon. In fact, for the 2025 fiscal year, the U.S. Department of Defense has requested $850 billion in defense spending, a ...  ( 62 min )

Many companies provide their salespeople or management with a company car. Typically, these cars aren’t anything fancy, but in the case of the German car manufacturer Volkswagen, managers were getting two free company cars, including a Porsche, if they wanted. Don't Miss: Amid the ongoing EV revolution, previously overlooked low-income communities now harbor a huge investment opportunity at just $500. Miami is expected to take New York's place as the U.S. Financial Capital. Here's how you can in  ( 61 min )

Jerome Powell steps up for part 2 of his policy update to Congress, with investors on the alert for more clues to rate-cut prospects.  ( 63 min )

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In an episode of the Dave Ramsey Show featuring Anthony O’Neal and Dr. John Delony, a caller named Dave from Pennsylvania discussed the challenges in managing finances within his relationship. Dave revealed his adherence to Ramsey’s financial strategies, including the debt snowball method and budgeting with tools like EveryDollar. He was also attempting to assist his girlfriend, who had cycled through seven jobs in the past year due to dissatisfaction, leading to significant financial instabilit  ( 62 min )

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Elon Musk won dismissal of a lawsuit claiming he refused to pay at least $500 million of severance to thousands of Twitter employees he fired in mass layoffs after buying the social media company now known as X. U.S. District Judge Trina Thompson in San Francisco ruled on Tuesday that the federal Employee Retirement Income Security Act governing benefit plans did not cover the former employees' claims, and therefore she lacked jurisdiction. Lawyers for the plaintiffs did not immediately respond to requests for comment on Wednesday.  ( 61 min )

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On Thursday, investors will digest one of the most important data points that will shape future Federal Reserve interest rate policy: June's Consumer Price Index.  ( 63 min )

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Bitcoin is it a crucial stage in this market cycle as several factors signal continued downside whilst others indicate that BTC is set to bottom out.  ( 60 min )

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Americans are all about that $1.5 million nest egg for retirement — living easy with golf trips and fancy cars. But "Shark Tank" tough guy Kevin O'Leary says to hold on — you can retire with just $500,000 — a big difference from the $5 million he suggested last August. According to Mr. Wonderful, the key is investing smartly and maybe scaling back your spending after you clock out for good. Don't Miss: The average American couple has saved this much money for retirement — How do you compare? War  ( 61 min )

The US dollar continues to see a lot of upward pressure and the moment against the Japanese yen. This is a trend that is worth following over the next few sessions but be aware that the markets will be paying close attention to the CPI and PPI numbers on Thursday  ( 60 min )

If you are looking for ETFs that buy dividend-paying stocks, these are the three to consider first.  ( 62 min )

(Bloomberg) -- Advanced Micro Devices Inc. has agreed to buy Silo AI for $665 million in cash, adding a maker of artificial intelligence models that will help its push to close the gap on Nvidia Corp.Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatHurricane Beryl Makes a Mockery of Texas Climate DeniersThe End of the Cheap Money Era Catches Up to Chelsea FC’s OwnerNYC Penthouse Sells for $135 Million in Priciest Deal Since 2022Microsoft, Apple Drop OpenAI Boar  ( 61 min )

One veteran tech investor makes his case for a super surge in Nvidia's market cap into year end.  ( 62 min )

After a gangbusters runup last year, the stock markets are still on an upward trajectory. The tech-heavy NASDAQ is up almost 25% year-to-date, and the broader S&P 500 index has gained 17%. These solid results are underpinned by several sets of positive economic data released recently – resilient jobs numbers, a slowing pace of inflation, and better-than-expected Q1 earnings. According to John Stoltzfus, chief investment strategist from Oppenheimer, this background suggests that the current bulli  ( 63 min )

Advanced Micro Devices said on Wednesday it will acquire Finnish artificial intelligence startup Silo AI for about $665 million in cash as the company tries to enhance its AI chip capabilities to compete against industry leader Nvidia. Building and training large language models is challenging, even for big tech companies. Silo AI will also strengthen AMD's software development capabilities.  ( 60 min )

Customers lodged 61,233 complaints against U.S. airlines in 2023, new Transportation Department data shows, with this airline getting the most gripes.  ( 62 min )

Buying beaten-down blue chip dividend stocks can be a great long-term investment strategy.  ( 64 min )

The company's most recent quarterly earnings suggest its stock won't be down for long.  ( 62 min )

The RSI has climbed well into overbought territory of late  ( 19 min )

SoundHound AI, Arm, Nano-X, Recursion, and TuSimple are all in Nvidia's portfolio.  ( 62 min )

Palantir has had an excellent 2024 so far.  ( 62 min )

Find the latest McCormick & Company, Incorporat (MKC) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

Find the latest KKR & Co. Inc. (KKR) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

With most stocks trading at premium valuations, investors can get a safe and simple return from this dividend giant.  ( 62 min )

Find the latest Offerpad Solutions Inc. (OPAD) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

Find the latest Armada Hoffler Properties, Inc. (AHH) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

As you age, the rules for withdrawing money from your IRA change. For many years, retirees had to start withdrawing money after age 70 1/2. Under new rules, you must start taking required minimum distributions (RMDs) every year after age 73, or face steep IRS penalties. While the specifics can get complicated, the basics boil […] The post Rules for Cashing Out Your IRA After Age 70 appeared first on SmartReads by SmartAsset.  ( 63 min )

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To really build a complete retirement budget as a couple, you’ll need to take into account both potential income sources and realistic expenses. While it's possible to come up with an estimated income or range of incomes from these figures, the expense side of the budget is equally important and potentially much more variable. Other […] The post We Are 65 With $1.9 Million in a 401(k) and IRA, and $5,200 Monthly From Social Security. What's Our Retirement Budget? appeared first on SmartReads by  ( 63 min )

Long-term care costs like nursing home care can quickly drain retirement savings. Medicare provides little help paying these bills, but Medicaid can cover nursing home costs for those who meet strict financial eligibility rules. Certain strategies like special trusts, home equity transfers and annuities can help meet those eligibility rules and protect assets like your […] The post Can a Nursing Home Take Our Savings? We Have a $250k IRA, a House and Other Assets appeared first on SmartReads by  ( 64 min )

Jerome Powell steps up for part 2 of his policy update to Congress, with investors on the alert for more clues to rate cut prospects.  ( 64 min )

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My wife and I are 30 and 34. We have $950,000 in Roth IRAs, $900,000 in mutual funds and five-year CDs and we own our home worth $600,000. We have zero debt. I feel like we have to keep saving and investing to have a financially secure future, but my wife wants to live more […] The post Ask an Advisor: Can We Afford to Retire When the Kids Turn 18? We Have $1.85M in Savings appeared first on SmartReads by SmartAsset.  ( 59 min )

(Bloomberg) -- Distressed investors see one of the best opportunities in a generation to buy troubled US real estate assets as the commercial property crash continues to roil the market.Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatHurricane Beryl Makes a Mockery of Texas Climate DeniersThe End of the Cheap Money Era Catches Up to Chelsea FC’s OwnerMicrosoft Orders China Staff to Use iPhones for Work and Drop AndroidAsia’s Richest Banker Gets Caught in Adani  ( 63 min )

How much longer can this rally last?  ( 61 min )

Is the stock a bargain, or just a value trap?  ( 62 min )

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This leading real estate investment trust has a stellar track record of growth and income. And it's on sale right now.  ( 62 min )

A majority of the stocks in the S&P 500 haven't seen earnings grow in over a year. That's about to change.  ( 27 min )

One area of outsized growth for Tesla beyond its car business could be energy.  ( 62 min )

Palantir's stock is not for the faint hearted.  ( 62 min )

The clock is ticking until Broadcom's stock split. Should you move quickly?  ( 62 min )

Stock splits are often a consequence of long-term value creation, and some of the world's best technology companies have used them.  ( 28 min )

This electric semi-truck maker faces a lot of near-term challenges.  ( 62 min )

An aircraft assembler has priced its stock at the middle of a range in Hong Kong, becoming the first company of its kind to raise capital on the local exchange, as the city's pace of fundraising picks up from a three-year slump. Cirrus Aircraft, the Minnesota-based assembler of light planes that has been owned since 2011 by China Aviation Industry General Aircraft (Caiga), will offer its shares at HK$27.50 (US$3.52) apiece, Reuters reported, citing a source with direct knowledge of the matter. C  ( 61 min )

If you are looking for energy stocks that you can count on, try Chevron and Enterprise Products Partners on for size.  ( 62 min )

The chipmaker is a different company than it was a few years ago.  ( 21 min )

These three dividend payers could deliver buckets of passive income to patient investors.  ( 27 min )

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Is retirement now a luxury? With rising costs and without pensions, millions of seniors can’t afford to stop working into their 70s, even 80s.  ( 64 min )

Among Microsoft, Apple, Alphabet, Amazon, Meta Platforms, and Tesla, are two "magnificent" peers of Nvidia's that are primed for stock splits of their own.  ( 64 min )

Nvidia stock has gained nearly 700% over the past two years.  ( 62 min )

These three growth stocks have what it takes to compound your wealth over many more years.  ( 64 min )

The company's technology underpins much of the artificial intelligence (AI) ecosystem, but is the stock a buy before July 11?  ( 62 min )

Investors should consider leaning into the AI build-out and adoption phase amid a transformation that is on par with the Industrial Revolution, BlackRock strategists said.  ( 61 min )

Developing the most advanced artificial intelligence (AI) models wouldn't be possible without the semiconductor industry.  ( 64 min )

Shares in Volkswagen fell 1.5% in early Frankfurt trade after Europe's biggest carmaker late on Tuesday issued a profit warning due to charges related to the possible closure of Audi's Brussels plant. Volkswagen said the costs of finding an alternative use for the Brussels plant or closing it, as well as other unplanned expenses, would have an impact totalling up to 2.6 billion euros ($2.8 billion) in the 2024 financial year. As a result of the charges, which also include expenses related to the closure of the gas turbine business of MAN Energy Solutions, Volkswagen now expects an operating return on sales of 6.5-7% in 2024, down from 7-7.5% previously.  ( 60 min )

Legendary investor Warren Buffett is well known for making sensible decisions, and one of his favorite oil companies, Occidental Petroleum (NYSE:OXY), stands poised for a potentially significant boost from Republican challenger and former President Donald Trump. Following a disastrous debate performance by current President Joe Biden, the Democrats are in big trouble. It’s not just about serious concerns about Biden’s ability to handle another year – let alone a second term – in the White House.  ( 62 min )

(Bloomberg) -- Asian equities were mostly lower on Wednesday following fresh highs for US equities as traders parsed comments from Federal Reserve Chairman Jerome Powell about the US economic picture.Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatHurricane Beryl Makes a Mockery of Texas Climate DeniersMicrosoft Orders China Staff to Use iPhones for Work and Drop AndroidThe End of the Cheap Money Era Catches Up to Chelsea FC’s OwnerAsia’s Richest Banker Gets C  ( 62 min )

(Bloomberg) -- Baidu’s shares jumped by the most in more than a year and bullish options bets surged to a record on signs of growing popularity for its Apollo Go robotaxi in China. Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatHurricane Beryl Makes a Mockery of Texas Climate DeniersMicrosoft Orders China Staff to Use iPhones for Work and Drop AndroidThe End of the Cheap Money Era Catches Up to Chelsea FC’s OwnerAsia’s Richest Banker Gets Caught in Adani-Hind  ( 61 min )

(Bloomberg) -- Taiwan Semiconductor Manufacturing Co.’s second-quarter sales were buoyed by the AI boom that’s fueling data center investment worldwide. Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatHurricane Beryl Makes a Mockery of Texas Climate DeniersMicrosoft Orders China Staff to Use iPhones for Work and Drop AndroidThe End of the Cheap Money Era Catches Up to Chelsea FC’s OwnerAsia’s Richest Banker Gets Caught in Adani-Hindenburg CrossfireThe sole sup  ( 60 min )

TSMC, the world's largest contract chipmaker, reported on Wednesday second quarter revenue of T$673.51 billion ($20.67 billion), according to Reuters calculations, handily beating market forecasts. An LSEG SmartEstimate, drawn from 21 analysts, predicted second quarter revenue of T$654.27 billion. ($1 = 32.5790 Taiwan dollars)  ( 59 min )

Lawrence Cheng, whose family owns seven Wendy’s locations south of Los Angeles, took orders at the register on a recent day and emptied steaming hot baskets of French fries and chicken nuggets, salting them with a flourish. Cheng used to have nearly a dozen employees on the afternoon shift at his Fountain Valley location in Orange County. Now he only schedules seven for each shift as he scrambles to absorb a dramatic jump in labor costs after a new California law boosted the hourly wage for fast food workers on April 1 from $16 to $20 an hour.  ( 67 min )

(Bloomberg) -- Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatHurricane Beryl Makes a Mockery of Texas Climate DeniersMicrosoft Orders China Staff to Use iPhones for Work and Drop AndroidThe End of the Cheap Money Era Catches Up to Chelsea FC’s OwnerAsia’s Richest Banker Gets Caught in Adani-Hindenburg CrossfireThe boom in AI is driving a surge in Taiwanese exports, with the island’s companies shipping more than $42 billion worth of graphic processing units a  ( 61 min )

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(Bloomberg) -- JPMorgan Chase & Co.’s analysts raised their price targets for BYD Co. by more than 80% on expectations the Chinese automaker will deliver 6 million vehicles globally in the next two years.Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatHurricane Beryl Makes a Mockery of Texas Climate DeniersMicrosoft Orders China Staff to Use iPhones for Work and Drop AndroidThe End of the Cheap Money Era Catches Up to Chelsea FC’s OwnerAsia’s Richest Banker Ge  ( 61 min )

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Find the latest UMB Financial Corporation (UMBF) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

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Find the latest Progyny, Inc. (PGNY) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

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Find the latest Vistra Corp. (VST) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

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Apple could stand to double its revenue growth by selling ads on Apple TV+, Needham analysts said, and lifted the iPhone maker’s price target Wednesday.  ( 1 min )

HubSpot shares tumbled Wednesday after reports that Google parent Alphabet was no longer trying to buy the CRM company.  ( 1 min )

Advanced Micro Devices moved to boost its position in the artificial intelligence market by buying Silo AI, Europe's largest private AI lab.  ( 1 min )

The company behind TurboTax will cut 10% of its employees, but then replace them with those who will focus on artificial intelligence efforts.  ( 1 min )

3M Chief Financial Officer Monish Patolawala has left the company to take the same position at Archer Daniels Midland, the company announced Wednesday.  ( 1 min )

S&P 500 companies excluding the Magnificent 7 are expected to post their first quarter of year-over-year earnings growth since the fourth quarter of 2022, while growth for the Magnificent 7 slows, according to Bank of America analysts.  ( 1 min )

Honeywell is buying the liquified natural gas process technology and equipment business from Air Products & Chemicals for $1.81 billion in cash.  ( 1 min )

Samsung Electronics workers in South Korea have extended an ongoing strike "indefinitely," according to a labor union statement Wednesday.  ( 1 min )

Costco said it is raising its membership fees for the first time since 2017, sending the retailer's stock higher in extended trading Wednesday.  ( 1 min )

Macy's announced a special summer sale, joining other big retailers making a major seasonal push to bring in customers.  ( 1 min )

Walmart has made a number of investments in artificial intelligence and automation in recent years, and Jefferies analysts wrote Wednesday that they are starting to pay off.  ( 1 min )

Baidu shares rose in intraday trading Wednesday amid reports of optimism about the Chinese tech firm's robotaxi.  ( 1 min )

Taiwan Semiconductor Manufacturing Company on Wednesday released sales figures for June that showed second-quarter revenue rose 40% from last year.  ( 1 min )

Microsoft has given up its non-voting board seat on OpenAI's board less than a year after taking it, while Apple has declined taking a similar role as its partnership with OpenAI grows, according to reports.  ( 1 min )

The S&P 500 added 1% on Wednesday, July 10, 2024, posting a sixth straight record close as Fed Chair Jerome Powell gave a boost to rate-cut expectations.  ( 1 min )

Tesla stock continued its winning streak Wednesday as Goldman Sachs analysts joined the recent string of analysts raising price targets for the electric vehicle maker.  ( 1 min )

Shares of Rice Krispies and Special K maker WK Kellogg slipped Wednesday after Bank of America put a bearish rating on the cereal company’s shares.  ( 1 min )

Nvidia shares gained again on Wednesday, nearing a record high, as the chipmaker continues to benefit from investor enthusiasm about the company's strong position during the AI boom.  ( 1 min )

The S&P 500 and Nasdaq added to their record highs in intraday trading Wednesday amid optimism about rate cuts by the Federal Reserve.  ( 1 min )

Carvana shares drove higher Wednesday after analysts at Needham upgraded its stock to "buy" from "hold" and the company unveiled new features for buying electric vehicles.  ( 1 min )

Stock futures are pointing to a higher open for major U.S. indexes on Wednesday, as investors await another day of congressional testimony from Federal Reserve Chair Jerome Powell ahead of a busy calendar for economic data and corporate earnings later in the week.  ( 1 min )

Keep updated on the latest events that are effecting markets, the economy, and your portfolio.  ( 1 min )

LegalZoom shares tanked Wednesday after the company said CEO Dan Wernikoff was departing and it reduced its full-year guidance.  ( 1 min )

Corning shares surged 16% in the past two sessions to a three-year high after the company boosted its outlook due to increasing demand for its optical connectivity products used in generative AI applications. Monitor these key chart levels.  ( 1 min )

CNN, dat de laatste tijd kampt met tegenvallende kijkcijfers, heeft een nieuwe betaalde streamingdienst aangekondigd. Tegelijkertijd schrapt de bekende Amerikaanse nieuwszender ongeveer honderd banen.  ( 1 min )

Elon Musk heeft een rechtszaak gewonnen die was aangespannen door ontslagen werknemers bij zijn socialemediaplatform X. De klagers beweerden nog geld te krijgen van de miljardair, maar een rechter heeft hun claims van de hand gewezen.  ( 1 min )

Huisartsen die in dienst zijn bij een praktijk of gezondheidscentrum krijgen tussen augustus 2024 en oktober 2025 ruim 10 procent extra loon. Hiermee moet het werk voor deze huisartsen aantrekkelijk blijven.  ( 1 min )

In Europa geldt vrijheid van meningsuiting en persvrijheid, maar Rusland misbruikt die vrijheden om in Europa haat, desinformatie en propaganda te verspreiden. Daarvoor waarschuwden Letland, Estland en Litouwen oftewel de Baltische staten woensdag in het Europees Hof van Justitie.  ( 1 min )

In Europa geldt vrijheid van meningsuiting en persvrijheid, maar Rusland misbruikt die vrijheden om in Europa haat, desinformatie en propaganda te verspreiden. Daarvoor waarschuwden Letland, Estland en Litouwen woensdag in het Europees Hof van Justitie.  ( 1 min )

Samsung heeft de Galaxy Z Fold 6 en Z Flip 6 gepresenteerd. Beide telefoons hebben vouwschermen en zijn dunner en lichter dan hun voorgangers, maar ze krijgen ook een hoger prijskaartje.  ( 1 min )

Bij de samensmelting van de vakantieparken Roompot en Landal wordt Koos Konijn de leidende mascotte. Maar Bollo verdwijnt voorlopig nog niet helemaal van het toneel. De parken gaan samen verder onder de naam Landal.  ( 1 min )

Bij de samensmelting van de vakantieparken Roompot en Landal wordt Koos Konijn de leidende mascotte. Maar Bollo verdwijnt voorlopig nog niet helemaal van het toneel. De parken gaan samen verder onder de naam Landal.  ( 1 min )

De Europese Commissie heeft de staatssteun van 10,4 miljard euro voor Air France-KLM opnieuw goedgekeurd. De Nederlandse en Franse overheid voorkwamen met die leningen en kredietgaranties een faillissement van het luchtvaartconcern na het uitbreken van de coronacrisis.  ( 1 min )

Supermarkten in ons land blijven tijdens de EK-wedstrijd tussen Nederland en Engeland veelal geopend. Albert Heijn, Jumbo en Dirk van den Broek hanteren verschillende varianten, blijkt uit een rondgang van NU.nl.  ( 1 min )

Supermarkten in ons land blijven tijdens de EK-wedstrijd tussen Nederland en Engeland veelal geopend. Albert Heijn, Jumbo en Dirk van den Broek hanteren verschillende varianten.  ( 1 min )

Veel bedrijven voldoen nog niet aan aanstaande nieuwe Europese regels om online diensten veiliger te maken. "Werk aan de winkel", zegt toezichthouder ACM, dat vijftig bedrijven onderzocht.  ( 1 min )

In België is deze week een campagne begonnen om euromunten in roulatie te krijgen die mensen ergens thuis hebben. Volgens de FOD Financiën, het Belgische ministerie van Financiën, zijn er te weinig munten in omloop.  ( 1 min )

Werknemers van de Zuid-Koreaanse technologiegigant Samsung willen voor onbepaalde tijd staken als het bedrijf niet aan hun eisen voldoet.  ( 1 min )

Werknemers van de Zuid-Koreaanse technologiegigant Samsung willen staken voor onbepaalde tijd als het bedrijf niet aan hun eisen voldoet.  ( 1 min )

Het nieuwe kabinet doet er goed aan om nu in te zetten op CO2-verwijdering, zegt een groep vooraanstaande wetenschappers. Dat biedt kansen voor ons bedrijfsleven én klimaat. "Het verhogen van dijken kost meer."  ( 1 min )

Het nieuwe kabinet doet er goed aan om nu in te zetten op CO2-verwijdering, zegt een groep vooraanstaande wetenschappers. Dat biedt kansen voor ons bedrijfsleven én klimaat. "Het verhogen van dijken kost meer."  ( 1 min )

In de eerste drie maanden van dit jaar zijn er flink meer nieuwbouwwoningen verkocht dan een jaar eerder. De gemiddelde verkoopprijs van nieuwbouwwoningen daalde.  ( 1 min )

Is Brussel buiten zijn boekje gegaan met het blokkeren van Russische media? Het Europees Hof van Justitie behandelt woensdag een rechtszaak tegen de Raad van de EU. Pers- en informatievrijheidsorganisaties hebben de raad aangeklaagd vanwege de Europese censuur.  ( 1 min )

Is Brussel buiten zijn boekje gegaan met het blokkeren van Russische media? Het Europees Hof van Justitie behandelt woensdag een rechtszaak tegen de Raad van de EU. Pers- en informatievrijheidsorganisaties hebben de raad aangeklaagd vanwege de Europese censuur.  ( 1 min )

Is Brussel buiten zijn boekje gegaan met het blokkeren van Russische media? Het Europees Hof van Justitie behandelt woensdag een rechtszaak tegen de Raad van de EU. Pers- en informatievrijheidsorganisaties hebben de raad aangeklaagd vanwege de Europese censuur.  ( 1 min )

Real wages in the U.S. should be able to rise to pre-pandemic levels without significantly affecting inflation, the Organisation for Economic Co-operation and Development said Tuesday.  ( 20 min )

The federal government is spending far more than it takes in each year—a problem that’s likely to get worse in the absence of a course correction that is nowhere on the horizon.  ( 21 min )

Stock's Hot Run Extends to 10 Straight Session  ( 21 min )

The S&P 500 inched 0.1% higher on Tuesday, July 9, as Fed Chair Jerome Powell struck an optimistic tone about cooling inflation in his first day of Congressional testimony.  ( 17 min )

Micron Technology and Monolithic Power Systems could benefit from the upcoming Blackwell launch as Nvidia partners.  ( 20 min )

Inflation will likely move lower, though it may take a while for housing costs to fall in line, Treasury Secretary Janet Yellen told the House Financial Services Committee Tuesday.  ( 18 min )

Amazon Web Services and the company's advertising business could act as tailwinds for its stock over the rest of the year, according to Jefferies analysts.  ( 18 min )

Bank of America analysts said Tuesday that revenue for Apple's App Store rose 13% in the third quarter compared with the same time last year.  ( 21 min )

Consumers' budgets are stretched, leading them to choose essential spending over discretionary items, Helen of Troy executives said Tuesday.  ( 20 min )

For the past two years, policymakers at the Federal Reserve have been focused on the “inflation” side of the central bank’s two-part mission of keeping prices stable while keeping employment high. As the labor market slows, that’s starting to change.  ( 22 min )

Stock is Biggest Decliner on S&P 500 Tuesday  ( 18 min )

Several analysts kicked off coverage of Tempus AI with bullish comments, anticipating gains from its applications of artificial intelligence in healthcare.  ( 21 min )

UBS on Tuesday upgraded chemical company Chemours, arguing that the market has been too negative on the stock, which it believes can outperform.  ( 19 min )

Tirzepatide Found To Cause More Weight Loss Than Semaglutide  ( 21 min )

Bitcoin's price is holding steady Tuesday, perhaps as robust spot bitcoin exchange-traded funds' (ETFs') inflows offset price weakness from large investors selling the crypto asset.  ( 22 min )

Nvidia shares rose Tuesday as KeyBanc analysts raised their price target for the chipmaker's stock, citing better-than-expected demand for Nvidia's upcoming Blackwell platform.  ( 20 min )

The S&P 500 and Nasdaq added to their all-time highs at midday Tuesday as Fed Chair Jerome Powell told Congress economic growth could be hurt by keeping interest rates high for too long.  ( 20 min )

Brookfield and family member shareholders of Grifols are in talks to take the Spanish pharmaceutical firm private.  ( 20 min )

Kymera Therapeutics shares jumped Tuesday, a day after it said partner Sanofi agreed to expand research into its experimental treatment for skin diseases.  ( 17 min )

Helen of Troy shares crashed Tuesday after the consumer products maker missed profit and sales estimates and slashed its guidance as beauty and wellness product demand slumped.  ( 18 min )

Tokyo Disneyland operator Oriental Land Co. has agreed to invest about 330 billion yen ($2.05 billion) to launch a Tokyo-based cruise ship, the company announced Tuesday.  ( 20 min )

BP, Exxon both say weak refining margins likely to hit earnings  ( 20 min )

News of the day for July 9, 2024  ( 19 min )

Shares Dropped More Than 5% on Monday  ( 20 min )

Shares Gained More Than 6% on Monday  ( 20 min )

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The market will have to absorb between $4-$6 billion worth of bitcoin selling pressure throughout the summer months, weighing on prices, K33 Research said.  ( 60 min )

(Bloomberg) -- Apple Inc. reported a 21% gain in personal computer shipments in the second quarter, the biggest jump among global PC makers as part of a budding industry recovery that produced a second consecutive period of growth.Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatMicrosoft Orders China Staff to Use iPhones for Work and Drop AndroidHurricane Beryl Makes a Mockery of Texas Climate DeniersS&P 500 Holds Gains as Fed Bets Steady on Powell: Markets Wr  ( 60 min )

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Hedge fund manager Bill Ackman kicked off fundraising for a new U.S.-listed closed-end fund on Tuesday, an effort people familiar with the matter say could bring in as much as $20 billion, more than double his assets under management, some of that from retail investors. The new fund, Pershing Square USA Ltd, will offer lower fees for investors and quicker access to capital than traditional hedge funds, regulatory filings show. There will be no management fee charged for the first year after the fund's initial public offering and no performance fees ever.  ( 61 min )

Thirty-year Nike veteran Tom Peddie will be rehired as vice president of marketplace partners, the company said.  ( 61 min )

Tesla's stock is on track for its tenth straight day of gains.  ( 62 min )

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Ready to invest in African e-commerce? This stock could be your best bet.  ( 61 min )

Since confiscating nearly 50,000 bitcoin in January, Germany’s state of Saxony has sold over half of its initial holdings, causing distress in the crypto market.  ( 61 min )

Shares of software company Palantir Technologies, Inc. (PLTR) are on fire thanks to AI-related revenue growth.  ( 60 min )

Stock is Biggest Decliner on S&P 500 Tuesday  ( 60 min )

Benchmark initiated coverage of JMIA with a "buy" rating  ( 60 min )

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Federal Reserve Chair Jerome Powell did little to shake up a stock market that was already hovering around record levels. What will really matter this week is inflation data. The Dow is down 14 points, or less than 0.1%., in Tuesday afternoon trading. The S&P 500 was up 0.1%. The Nasdaq Composite w  ( 20 min )

Every shopper wants to find a bargain; it’s one of the thrills when we go looking to buy things. Finding what we want at a lower price than we planned on spending – that’s always a bit exciting. And this holds true for the stock markets, too. It’s the allure behind value stocks. According to Bank of America, the value stock segment, typically priced lower than their underlying strengths would suggest, has badly lagged the growth stocks so far this year. The bank’s research equity and quant strat  ( 65 min )

These two household-name dividend stocks are must-haves in your portfolio -- especially at today's modest stock prices.  ( 62 min )

Billionaire Elon Musk's artificial intelligence startup xAI and tech giant Oracle have ended talks on a potential $10 billion server deal, the Information reported on Tuesday.  ( 59 min )

No politician will tell you this, so we will: Well-off seniors are going to bear much of the burden for getting control of the national debt.  ( 64 min )

Fisker Inc. co-founders Henrik Fisker and his wife Geeta Gupta-Fisker are lowering their salaries to $1 in order to keep their failed EV startup's bankruptcy proceedings funded, as lawyers work to complete a sale of its remaining inventory. Fisker Inc.'s restructuring officer John DiDonato said in a Tuesday morning filing that the couple, who co-founded the startup in 2016, made the decision July 8 -- just five days after he was grilled about the issue by Lisa Richenderfer, a lawyer for the office of the U.S. Trustee. In that July 3 hearing, Richenderfer asked DiDonato whether the Fiskers were still on the payroll.  ( 63 min )

Tesla's stock is on track for its tenth straight day of gains.  ( 62 min )

At the 30/50 Summit in Abu Dhabi, financial guru Suze Orman emphasized the immense value of consistent, small investments over daily indulgences. In a conversation with American talk show host Mika Brzezinski, Orman illustrated this by comparing the cost of a daily Starbucks coffee to the potential growth of a Roth IRA. Orman explained that if a 25-year-old skipped their daily Starbucks and invested $100 a month into a Roth IRA, they could amass $1 million by retirement. Don't Miss: The average  ( 62 min )

Utility stocks are often a go-to choice for investors seeking steady income and long-term stability. In this piece, we highlight three such companies — Duke Energy, OGE Energy, and Evergy — that possess these qualities and offer attractive dividend ...  ( 61 min )

(Bloomberg) -- Investors should brace themselves for a bout of stock market volatility this week after a lengthy period of calm, based on a warning from JPMorgan Chase & Co.’s trading desk.Most Read from BloombergMicrosoft Orders China Staff to Use iPhones for Work and Drop AndroidBiden’s Biggest Donors Left Powerless to Sway Him to End BidSaudis Warned G-7 Against Russia Seizures With Debt Sale ThreatZyn Imitators Rush In as Online Sales Halt Worsens US ShortageRich Chinese Return to Hong Kong  ( 61 min )

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Jerome Powell will shed light on the Fed's picture of the economy as he gives a policy update to the Senate.  ( 68 min )

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The Federal Reserve faces a cooling job market as well as persistently high prices, Chair Jerome Powell said in written testimony Tuesday, a shift in emphasis away from the Fed's single-minded fight against inflation of the past two years that suggests it is moving closer to cutting interest rates. The Fed has made “considerable progress” toward its goal of defeating the worst inflation spike in four decades, Powell said in his testimony to the Senate Banking Committee. Powell pointedly noted that “elevated inflation is not the only risk we face."  ( 62 min )

There are plenty of ways to invest in the growing demand for semiconductors.  ( 63 min )

Stocks are long overdue to lose steam, pros argue.  ( 61 min )

As you approach retirement, your financial focus shifts. During your working life, retirement is about goals and planning. You decide what kind of lifestyle you want, figure out what kind of income will support that spending, then build a savings and investment plan to reach those goals. That should be your retirement approach at age […] The post I’m 65 With $1.2 Million in an IRA. I’ll Get a $2,900 Monthly Social Security Benefit. What’s My Retirement Budget? appeared first on SmartReads by Sma  ( 64 min )

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You don't need to know everything about Social Security, but this one tidbit is crucial.  ( 61 min )

The tech world has seen a raft of changes in the past decade, starting with the rollout of 5G networks on a nationwide scale and continuing with today’s boom in generative AI. These technologies have impacted every technology segment, in ways that are still unfolding. The banking giant Goldman Sachs has taken a deep dive into the ways that these changes are reverberating within tech’s telecom segment and has come to some interesting conclusions. First, the bank notes that 5G’s main contribution  ( 64 min )

Economist and staunch Bitcoin (CRYPTO: BTC) critic Peter Schiff recently expressed concerns over ETF investors being set up to bear the brunt of losses. On Sunday, Schiff took to X to share his observations on the current trading patterns and ETF inflows of Bitcoin. He suggested that while the “smart money” is selling Bitcoin in the spot market, the “dumb money” is buying it through ETFs. Don't Miss: 1 in 4 Americans own a share of Bitcoin according to NASDAQ, how many people got started through  ( 61 min )

U.S. stock investors face three big threats: “overvaluation on over-euphoria, misunderstanding the economic reality, and the political aspect,” argues strategist Bill Blain.  ( 62 min )

Large deposits do not go unnoticed by financial institutions — and for good reason, experts note.  ( 62 min )

“Must we agree to have this hanging over our heads that long?”  ( 64 min )

News of the day for July 9, 2024  ( 61 min )

Shares Dropped More Than 5% on Monday  ( 60 min )

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Jerome Powell will shed light on the Fed's picture of the economy as he gives a policy update to the Senate.  ( 64 min )

The memory chipmaker stock has been soaring as demand keeps rising.  ( 62 min )

The company said it would start identifying a successor for Dolsten, a process which is expected to last several months. Dolsten joined Pfizer as part of the Wyeth acquisition in 2009, when he was named president of Worldwide Research and Development with the responsibility to lead all of Pfizer's research as well as development of all its treatments through mid-stage studies.  ( 59 min )

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Find the latest Tamboran Resources Corporation (TBN) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

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Picture this scenario: You and your spouse are both 67, have $2.5 million in savings and collect $40,000 in annual Social Security benefits. Is that enough to support a $100,000 lifestyle in retirement? This question is really multi-pronged. It’ll depend on when you both plan to retire, if you can you generate $100,000 per year […] The post We’re 67, Have $2.5 Million Saved and $40k in Social Security Benefits. Can We Live on $100k Per Year? appeared first on SmartReads by SmartAsset.  ( 22 min )

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Alphabet and Amazon have a shot at surpassing Nvidia over the next few years.  ( 62 min )

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With AI threatening to steal corporate jobs and recent graduates finding themselves “unemployable”, trade jobs are becoming increasingly attractive—and lucrative.  ( 61 min )

These companies' stocks hit record highs this week but could have a lot more to offer over the long term.  ( 62 min )

My spouse will inherit her father's house outright upon death and wants to sell it immediately. Would she be subjected to capital gains tax (above the $250,000 exclusion) on the sale and would it matter if only she is on the deed? Or would it make sense to have both of us on the deed to […] The post Ask an Advisor: We’re Inheriting a House. How Can We Avoid Capital Gains Tax When We Sell It? appeared first on SmartReads by SmartAsset.  ( 63 min )

The S&P 500 and the Nasdaq inched upwards to close at record highs on Monday, lifted by the rally in chip stocks as the Philadelphia semiconductor index rose to a more than two-week high. That marked the 35th time this year the benchmark index has set a fresh closing record, as sharp gains in AI-linked stocks and technology shares have kept equity sentiment bright, offsetting the uncertainty around the central bank's rate-cut plans. Investors will scrutinize Powell's Congressional testimony later in the day to gauge how the central bank is assessing recent economic data that points to a slowdown in the labor market, amid other signs of potential economic weakness.  ( 61 min )

The S&P 500 is near its all-time high, but not all stocks are in the same boat.  ( 62 min )

Federal Reserve Chair Jerome Powell on Tuesday testifies before the Senate Banking Committee in a hearing likely to take stock of whether recent signs of slowed inflation and a slowing U.S. job market will prompt the central bank to accelerate its plans to cut interest rates. At the Fed's June 11-12 meeting the median projection of 19 officials was for just a single quarter-point rate cut by the end of the year, but since then inflation data has come in weaker than expected and several policymakers - including Powell - have begun noting concerns about a slowing job market. Data last week showed firms added a still-healthy 206,000 jobs in June, but revisions to prior months show the trend is lower, and Powell in recent public comments said the U.S. may be at the point where further weakening in the economy causes a jump in the unemployment rate.  ( 62 min )

This small AI company is nicely positioned in the AI race.  ( 62 min )

There are a lot of ifs involved in just being “okay” at that savings level too.  ( 63 min )

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After underperforming the benchmark index these stocks offer high dividend yields that are hard to ignore.  ( 62 min )

One of Wall Street's most-revered billionaire asset managers sent shares of Nvidia to the chopping block in favor of four fast-paced, industry-leading businesses.  ( 64 min )

(Bloomberg) -- The rally in artificial-intelligence stocks may show little sign of flagging, but a historical review suggests it’s time to take profit in the biggest names, according to strategists at Citigroup Inc.Most Read from BloombergMicrosoft Orders China Staff to Use iPhones for Work and Drop AndroidBiden’s Biggest Donors Left Powerless to Sway Him to End BidZyn Imitators Rush In as Online Sales Halt Worsens US ShortageBoeing to Plead Guilty to Fraud for Violating Deal Over 737 Max Crashe  ( 55 min )

The true apple of Buffett's eye has been purchased for 23 consecutive quarters.  ( 63 min )

Oracle and Alphabet could join the ranks currently occupied by Microsoft, Apple, and Nvidia by the end of the next decade.  ( 64 min )

He's known as 'Mr. Fix-It.'  ( 61 min )

These AI stocks could be the next winners of the AI boom...  ( 62 min )

A lot of stock-split investors are making these two mistakes.  ( 25 min )

Asian shares were mostly higher Tuesday, with Tokyo's benchmark hitting another record, after Wall Street benchmarks reached more milestones. Japan's benchmark Nikkei 225 jumped 2.0% to finish at a record high 41,580.17. Technology-related shares led gains, with computer chip maker Tokyo Electron surging 3.8% and chip testing equipment maker Advantest up 4.1%.  ( 62 min )

(Bloomberg) -- Some of China’s 200 million mom-and-pop investors have given themselves a sarcastic new nickname in a show of frustration with the country’s failure to prop up the stock market.Most Read from BloombergMicrosoft Orders China Staff to Use iPhones for Work and Drop AndroidBiden’s Biggest Donors Left Powerless to Sway Him to End BidZyn Imitators Rush In as Online Sales Halt Worsens US ShortageBoeing to Plead Guilty to Fraud for Violating Deal Over 737 Max CrashesBiden Narrows Gap With  ( 61 min )

(Bloomberg) -- Japanese stocks led gains in Asia as semiconductor-related shares followed their US peers higher. Investors are awaiting Jerome Powell’s testimony to Congress.Most Read from BloombergMicrosoft Orders China Staff to Use iPhones for Work and Drop AndroidMorgan Stanley’s Wilson Says a 10% Stock Market Correction Is ‘Highly Likely’Biden’s Biggest Donors Left Powerless to Sway Him to End BidBoeing to Plead Guilty to Fraud for Violating Deal Over 737 Max CrashesBiden Narrows Gap With Tr  ( 27 min )

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The technology companies flying just outside of our radar may be the ones that have the most room to run this year. Undoubtedly, there’s more to investing than just buying the largest seven companies in the stock market. Bigger has been better, at least in the past year. But what has worked best in the recent past may not continue to work so well in the future. Right now, investors may wish to check out some Strong-Buy-rated stocks for a shot at making the most of the tech-driven rally while pot  ( 62 min )

Nvidia's potential $5 EPS in 2025 would give it a valuation of 25.6x on a forward price-to-earnings basis.  ( 60 min )

Shares Gained More Than 6% on Monday  ( 60 min )

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Tesla’s (NASDAQ:TSLA) journey in 2024 has been anything but smooth. We’ve got factory shutdowns, shipping woes, and some serious competition nipping at Tesla’s heels, especially in China. Yet, Elon Musk’s unwavering commitment to expanding Tesla’s EV lineup has kept the company on track. The recent release of Tesla’s Q2 production and delivery report has everyone talking. While the numbers show a decline compared to last year, they still managed to beat analysts’ expectations, giving the stock a  ( 63 min )

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The company has a $100 billion asset that can pave the way for better profits.  ( 62 min )

Tesla's share of U.S. electric vehicle sales fell below 50% for the first time as overall EV sales reached a record high, according to new research. Tesla's stock, meanwhile, rose for the 10th consecutive session on Tuesday.  ( 1 min )

Micron Technology and Monolithic Power Systems could benefit from the upcoming Blackwell launch as Nvidia partners.  ( 1 min )

Bank of America analysts said Tuesday that revenue for Apple's App Store rose 13% in the third quarter compared with the same time last year.  ( 1 min )

Consumers' budgets are stretched, leading them to choose essential spending over discretionary items, Helen of Troy executives said Tuesday.  ( 1 min )

Several analysts kicked off coverage of Tempus AI with bullish comments, anticipating gains from its applications of artificial intelligence in healthcare.  ( 1 min )

Nvidia shares rose Tuesday as KeyBanc analysts raised their price target for the chipmaker's stock, citing better-than-expected demand for Nvidia's upcoming Blackwell platform.  ( 1 min )

The active ingredient in Eli Lilly's Mounjaro and Zepbound was found more effective at causing weight loss than that of Novo Nordisk's Ozempic and Wegovy, according to a new study.  ( 1 min )

Tokyo Disneyland operator Oriental Land Co. has agreed to invest about 330 billion yen ($2.05 billion) to launch a Tokyo-based cruise ship, the company announced Tuesday.  ( 1 min )

BP ADRs slipped in premarket trading Tuesday after the energy giant said that it expects lower refining margins and an impairment charge of up to $2 billion will impact its second-quarter results.  ( 1 min )

The S&P 500 inched 0.1% higher on Tuesday, July 9, as Fed Chair Jerome Powell struck an optimistic tone about cooling inflation in his first day of Congressional testimony.  ( 1 min )

Amazon Web Services and the company's advertising business could act as tailwinds for its stock over the rest of the year, according to Jefferies analysts.  ( 1 min )

UBS on Tuesday upgraded chemical company Chemours, arguing that the market has been too negative on the stock, which it believes can outperform.  ( 1 min )

The S&P 500 and Nasdaq added to their all-time highs at midday Tuesday as Fed Chair Jerome Powell told Congress economic growth could be hurt by keeping interest rates high for too long.  ( 1 min )

U.S. stocks are poised to open higher Tuesday as investors await testimony in Congress from Federal Reserve Chair Jerome Powell on the state of the economy and the outlook for interest rate cuts.  ( 1 min )

Oracle shares shed 3% on Tuesday after talks between the computing giant and Elon Musk's xAI over a potential $10 billion server deal reportedly ended. Monitor these important chart levels amid a possible retracement.  ( 1 min )

Albemarle shares fell to their lowest level since late 2020, as concerns about slumping lithium prices weighed on the stock.  ( 1 min )

Brookfield and family member shareholders of Grifols are in talks to take the Spanish pharmaceutical firm private.  ( 1 min )

Kymera Therapeutics shares jumped Tuesday, a day after it said partner Sanofi agreed to expand research into its experimental treatment for skin diseases.  ( 1 min )

Helen of Troy shares crashed Tuesday after the consumer products maker missed profit and sales estimates and slashed its guidance as beauty and wellness product demand slumped.  ( 1 min )

De Ariane 6 is dinsdagavond voor de eerste keer gelanceerd. De raket geeft Europa na jaren weer mogelijkheden om zelf satellieten naar de ruimte te sturen, zonder daarvoor afhankelijk te zijn van de Verenigde Staten of Rusland.  ( 1 min )

KLM en Transavia schrapten dinsdag enkele vluchten vanwege het noodweer. Het KNMI heeft code oranje uitgegeven voor zware onweersbuien die vanaf het einde van de middag over het land trokken.  ( 1 min )

KLM en Transavia schrappen dinsdag enkele vluchten vanwege het verwachte noodweer. Het KNMI heeft code oranje uitgegeven voor zware onweersbuien die vanaf het einde van de middag over het land trekken.  ( 1 min )

Dyson schrapt ongeveer 1.000 banen in het Verenigd Koninkrijk als onderdeel van een wereldwijde herstructurering. Daarmee wordt het Britse personeelsbestand ruim een kwart kleiner.  ( 1 min )

Ruim vijfhonderd huurders die een rechtszaak aanspanden tegen een jaarlijkse huurverhoging moeten de verhoging gewoon betalen. Dat heeft de rechtbank Rotterdam afgelopen vrijdag geconcludeerd.  ( 1 min )

De hevige regenval in Frankrijk zorgt voor problemen met de tarweoogst. De grootste landbouwproducent van Europa verwacht dat de oogst van zachte tarwe dit jaar zal afnemen tot het laagste niveau in vier jaar.  ( 1 min )

Na jaren van sleutelen gaat Europa's nieuwste raket dinsdagavond voor het eerst de ruimte in. Leuk feitje: een aantal belangrijke onderdelen zijn van Nederlandse makelij. Sterker: zonder een ontsteker uit het Brabantse Klundert gaat de raket überhaupt de lucht niet in.  ( 1 min )

Na jaren van sleutelen gaat Europa's nieuwste raket dinsdagavond voor het eerst de ruimte in. Leuk feitje: een aantal belangrijke onderdelen zijn van Nederlandse makelij. Sterker: zonder een ontsteker uit het Brabantse Klundert gaat de raket überhaupt de lucht niet in.  ( 1 min )

Porsche heeft in de eerste helft van 2024 minder auto's verkocht. Voornamelijk in China heeft het Duitse automerk minder voertuigen verkocht.  ( 1 min )

In de afgelopen twintig jaar zijn steeds meer Nederlandse huishoudens hun hypotheek gaan aflossen, blijkt uit een nieuw onderzoek van het Centraal Planbureau (CPB).  ( 1 min )

De meeste Nederlanders gaan wél op vakantie en wie dat doet, gaat gemiddeld 2,5 keer per jaar. Toch gaat één op de vijf mensen niet weg. Van die groep geeft een derde aan liever thuis te blijven.  ( 1 min )

De meeste Nederlanders gaan wél op vakantie en wie dat doet, gaat gemiddeld 2,5 keer. Toch gaat één op de vijf mensen niet weg. Van die groep geeft een derde aan liever thuis te blijven.  ( 1 min )

De bouwsector roept dinsdagochtend het nieuwe kabinet op om de slechte waterkwaliteit en sloten en rivieren te verbeteren. Als dat niet gebeurt, dreigt een nieuwe crisis. Daardoor zou de bouw van woningen vertraging oplopen.  ( 1 min )

The Fed Has Said It Needs Further Confirmation Inflation is Tamed Before Cutting Interest Rates  ( 22 min )

Outstanding consumer debt grew by $11.3 billion in May, the biggest increase since February, and more than the $8 billion that economists expected.  ( 20 min )

Chipotle Mexican Grill shares continued to fall Monday after setting a record high when shareholders approved a 50-to-1 stock split in June.  ( 17 min )

The S&P 500 edged 0.1% higher to close at a record high on Monday, July 8, 2024, kicking off a trading week that will feature testimony from the Federal Reserve chair, key inflation data, and bank earnings.  ( 18 min )

Super Micro Computer shares gained Monday. Other stocks tied to artificial intelligence rose too.  ( 20 min )

Episode 195 of the Investopedia Express with Caleb Silver (July 8, 2024)  ( 19 min )

High expectations heading into earnings season could make it harder for companies to impress investors, analysts say.  ( 20 min )

TSA said that 3 million people were screened at U.S. airports Sunday after the July 4th weekend, up from 2.6 million people on the same day last year.  ( 21 min )

Hundreds of flights were canceled Monday as Tropical Storm Beryl made its way through Texas, and some commodities such as oil futures fell as markets reacted.  ( 21 min )

Market Watchers are Looking for Clues on the Timetable for Interest Rate Cuts  ( 23 min )

Shares of cruise ship companies moved higher Monday trading after Hurricane Beryl was downgraded to a tropical storm.  ( 20 min )

Mellius Research analysts said that the first half's "AI laggards" could rise in the final six months of the year, highlighting Intel and AMD, among others.  ( 21 min )

Shares of electric vehicle maker Lucid Group (LCID) rose Monday following robust second-quarter delivery numbers.  ( 20 min )

SolarEdge Technologies shares surged in intraday trading Monday after Bank of America upgraded the solar power equipment maker.  ( 20 min )

The Nasdaq hit a record high in intraday trading Monday, July 8, 2024 as tech stocks gained.  ( 19 min )

Deal means Vista would retain some brands, list them publicly  ( 18 min )

Apple could reach a $4 trillion market capitalization on an upgrade cycle driven by the iPhone 16 with artificial intelligence capabilities, analysts say.  ( 18 min )

IDEAYA Biosciences reported positive results from a Phase 2 trial of its experimental drug to treat certain bladder and small-cell lung cancers, and shares surged in intraday trading Monday.  ( 20 min )

Gilead Sciences shares climbed in intraday trading Monday after Raymond James analysts upgraded the drug developer to “outperform” from “market perform.”  ( 19 min )

“Despicable Me 4” earned $122 million domestically in the five days since its debut, sending a signal that summer blockbusters are alive and well.  ( 20 min )

Nvidia shares rose Monday as analysts lifted their price targets for the stock, citing "exceedingly robust" demand for the chipmaker's upcoming Blackwell platform to power artificial intelligence.  ( 20 min )

Devon Energy said it will pay $5 billion to purchase privately held Grayson Mill Energy, the latest in a series of multibillion-dollar energy mergers.  ( 20 min )

Stock Trading at Highest Level Since Early 2022  ( 21 min )

Paramount Global has agreed to merge with Skydance Media in a deal that will involve over $8 billion in investment from Skydance and its private equity partners.  ( 21 min )

Eli Lilly agreed to buy biopharmaceutical firm Morphic for roughly $3.2 billion, sending shares of Morphic skyrocketing Monday.  ( 19 min )

Boeing and the Justice Department have agreed to terms on a plea deal that would resolve the criminal case over a pair of 737 Max crashes that killed over 300 people.  ( 21 min )

News of the day for July 8, 2024  ( 23 min )

Shares of the Facebook Parent Gained 5.9% Friday to Close at an All-Time High  ( 21 min )

Shares Gained 27% Last Week to Move Into Positive Territory for 2024  ( 17 min )

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A Delaware judge heard arguments Monday over a massive and unprecedented fee request by lawyers who successfully argued that a massive and unprecedented pay package for Tesla CEO Elon Musk was illegal and should be voided. Attorneys for a Tesla stockholder who challenged Musk’s 2018 compensation package are asking Chancellor Kathaleen St. Jude McCormick to award them legal fees in the form of stock in the electric vehicle company valued at more than $7 billion at current trading prices. The 2018 compensation package for Musk that was rescinded by the judge was potentially worth more than $55 billion.  ( 62 min )

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Could Intel be a top AI stock in the second half of 2024?  ( 60 min )

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Chipotle Mexican Grill shares continued to fall Monday after setting a record high when shareholders approved a 50-to-1 stock split in June.  ( 60 min )

The S&P 500 edged 0.1% higher to close at a record high on Monday, July 8, 2024, kicking off a trading week that will feature testimony from the Federal Reserve chair, key inflation data, and bank earnings.  ( 26 min )

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Super Micro Computer shares gained Monday. Other stocks tied to artificial intelligence rose too.  ( 60 min )

Piper Sandler will no longer release year-end price targets for the S&P 500 after concluding that the index no longer truly reflects the stock market's performance.  ( 61 min )

Tesla stock rose 0.5% on Monday, extending its recent rally. Shares have gained over the past nine sessions.  ( 61 min )

The plight of investors looking to pull money out of commercial real estate funds has gone mainstream.  ( 62 min )

"Fake it till you make it may work in Silicon Valley, but for the rest of us, I think once bitten twice shy may be more appropriate for AI," MacroStrategy Parternship's Ferguson told Bloomberg.  ( 27 min )

Other big banks could follow suit.  ( 61 min )

An ARM (Adjustable-Rate Mortgage) loan is a home loan with an interest rate that can change periodically. This means that monthly payments can vary over the life of the loan. Typically, ARMs start with a fixed interest rate for a specified period, usually 3, 5, 7, or 10 years. Don't Miss: Miami is expected to take New York's place as the U.S. Financial Capital. Here's how you can invest in the city before that happens. Will the surge continue or decline on real estate prices? People are finding  ( 70 min )

Depending on your age, if your income is below a certain threshold, you may not have to pay taxes. Here's what you need to know.  ( 71 min )

(Bloomberg) -- Broadcom Inc. is tapping the US investment-grade bond market on Monday, to refinance a portion of the loans it secured to pay for its $69 billion acquisition of VMware Inc.Most Read from BloombergMicrosoft Orders China Staff to Use iPhones for Work and Drop AndroidBoeing to Plead Guilty to Fraud for Violating Deal Over 737 Max CrashesBiden Narrows Gap With Trump in Swing States Despite Debate LossHedge Funds That Piled Into Big Tesla Short Stung by RallyOld School FX Traders Are B  ( 69 min )

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Since the industrial revolution of the late 1700s, technology has informed and led a series of radical changes in our societies and economies. The pace has picked up speed in recent decades, as the world turned digital, and now AI is powering a so-called fourth industrial revolution, based on a rapid exchange of data and information. Against this backdrop, tech stocks have led the way in market gains. The tech-heavy NASDAQ rose an impressive 43% last year, and the S&P 500 rose 24%. Both indexes  ( 73 min )

Long-term investors looking for undervalued REITs should consider solid companies with good long-term track records that, for one reason or another, have fallen out of favor with Wall Street. Over the past few years, many REITs have declined in share ...  ( 28 min )

The Nasdaq hit a record high in intraday trading Monday, July 8, 2024 as tech stocks gained.  ( 68 min )

Paramount's messy merger journey has finally reached its conclusion.  ( 70 min )

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Could today’s investors ever hope to achieve the legendary success of Warren Buffett and Charlie Munger? In one of his final interviews, Munger himself answered that question. His reasoning offers a valuable lesson for anyone seeking financial success. Don't Miss: Warren Buffett flipped his neighbor's $67,000 life savings into a $50 million fortune — How much is that worth today? Can you guess how many retire with a $5,000,000 nest egg? – How does it compare to the average? Munger, the renowned  ( 70 min )

Selling your longtime home and downsizing in retirement is a common practice for people entering their golden years. While profits from a home sale are considered capital gains, the IRS typically allows you to exclude part of the profit – if not all of it – from your taxes. But what if you sold your […] The post I’m Selling My House and Netting $640k to Downsize for Retirement. How Can I Avoid Capital Gains Taxes? appeared first on SmartReads by SmartAsset.  ( 72 min )

In a society where discussing one's financial status often remains taboo, understanding where you stand on the wealth spectrum can be intriguing. While most shy away from openly discussing assets, getting a sense of how net worth stacks up against national averages provides curiosity satisfaction and a critical assessment of economic standing and future financial planning. Don't Miss: Warren Buffett flipped his neighbor's $67,000 life savings into a $50 million fortune — How much is that worth t  ( 70 min )

(Bloomberg) -- Traders should brace for a correction in the stock market as uncertainty swirls around the US presidential campaign, corporate earnings and Federal Reserve policy, according to Morgan Stanley’s Mike Wilson.Most Read from BloombergMicrosoft Orders China Staff to Use iPhones for Work and Drop AndroidBoeing to Plead Guilty to Fraud for Violating Deal Over 737 Max CrashesBiden Narrows Gap With Trump in Swing States Despite Debate LossHedge Funds That Piled Into Big Tesla Short Stung b  ( 69 min )

Devon Energy is buying Grayson Mill Energy's Williston Basin business in a cash-and-stock deal valued at $5 billion as consolidation in the oil and gas sector ramps up. Grayson Mill Energy, based in Houston, is an oil and gas exploration company that received an initial investment from private equity firm EnCap Investments in 2016. Last month EnCap-backed XCL Resources sold its Uinta Basin oil and gas assets to SM Energy Co. and Northern Oil and Gas in a transaction totaling $2.55 billion.  ( 68 min )

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Nvidia shares rose Monday as analysts lifted their price targets for the stock, citing "exceedingly robust" demand for the chipmaker's upcoming Blackwell platform to power artificial intelligence.  ( 68 min )

Three semiconductor stocks can benefit from the AI trend.  ( 68 min )

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This stock is an opportunity that income investors should not ignore.  ( 69 min )

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The traditional path to wealth through stocks and bonds is losing its luster among young, affluent Americans. A surprising shift in investment strategies is emerging, with millennials and Gen Z turning away from Wall Street and exploring alternative avenues to grow their wealth. Don't Miss: Elon Musk and Jeff Bezos are bullish on one city that could dethrone New York and become the new financial capital of the US. Investing in its booming real estate market has never been more accessible. Will t  ( 70 min )

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Economic and financial market data points have been showing some interesting inconsistencies lately. The labor market remains tight, interest rates remain high even though the pace of inflation is easing, signs are emerging of a general slowdown, bond markets are strong but so are stocks – it’s hard to know which signs to give the most credence. To add to the uncertainty, the stock market is resting on a very narrow, mega-cap base. Mike Wilson, chief US equity strategist at Morgan Stanley, has b  ( 71 min )

Investors shouldn't rush to buy the stock based on rosy short-term price targets.  ( 32 min )

Loading up on passive-income opportunities at reasonable valuations can be a winning strategy for long-term investors.  ( 72 min )

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News of the day for July 8, 2024  ( 69 min )

Investors shouldn't have to think too hard about these great stocks.  ( 71 min )

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(Bloomberg) -- Eli Lilly & Co. agreed to buy U.S. biopharma company Morphic Holding Inc. for about $3.2 billion to gain experimental therapies for inflammatory bowel disease and other chronic illnesses.Most Read from BloombergBiden Narrows Gap With Trump in Swing States Despite Debate LossHedge Funds That Piled Into Big Tesla Short Stung by RallyBoeing to Plead Guilty to Fraud for Violating Deal Over 737 Max CrashesFrench Left Set for Shock Victory Over Macron and Le PenLilly will pay $57 a shar  ( 68 min )

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Paramount Global (NASDAQ:PARA) shares are trading higher after the company inked a definitive merger deal with Skydance Media to form “New Paramount” at an enterprise value of about $28 billion. The merger offer represents a 48% premium over the price of the Class B stock as of July 1, 2024, and a 28% premium over the Class A stock on the same date. As per the deal, existing Skydance investors will receive 317 million newly issued Class B shares in New Paramount, valuing Skydance at $4.75 billio  ( 69 min )

Despite this fintech company's positive traits, there's a potential issue investors need to know.  ( 69 min )

Exxon Mobil said on Monday changes in oil prices would increase the oil major's second-quarter upstream earnings by $300 million to $700 million compared with the first quarter. The largest U.S. oil producer had posted $5.7 billion in upstream earnings for the first quarter ended March 31.  ( 67 min )

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I’m 68 and recently retired and have about $1.4 million in accounts intended for retirement ($1.2 million in a Traditional IRA and $110K in a Roth). I also am receiving about $47,000 annually in Social Security benefits. My RMDs are scheduled to start in 2027, and as a result, my financial advisor and I are […] The post Ask an Advisor: My RMDs Start Soon So I'm Converting $700k to a Roth, But I'm Getting Conflicting Info About Having to Wait Five Years appeared first on SmartReads by SmartAsset.  ( 72 min )

Find the latest Old Dominion Freight Line, Inc. (ODFL) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 51 min )

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Expectations for interest rate cuts as early as September received a further boost after Friday's nonfarm payrolls report showed U.S. job growth slowed in June, the latest data to point to labor market weakness. Investors, however, are focused on every potential clue to get a clearer picture of the Fed's monetary policy for the year. Traders now see a 70% chance of a 25 basis point cut at the Fed's September meeting, up from 60% a week ago, while expecting an overall cut of about 50 bps for the year, according to CME FedWatch data.  ( 69 min )

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The newly formed Smurfit WestRock will be listed on the NYSE under the ticker SW.  ( 68 min )

Wall St stocks start the week surfing new records into another earnings season and Federal Reserve testimony, while surprise French election results saw the country's left-wing thwart Marine Le Pen's far right and leave a hung parliament there. U.S. Treasuries were relaxed early on and the dollar on the back foot after Friday's June employment report showed a cooling labor market and underlined hopes for two Fed rate cuts this year. Although it's hard to see what more he will say beyond last week's appearance in Portugal, Fed chair Jerome Powell faces a grilling in Congress on Tuesday and Wednesday following his semi-annual testimonies to the House and Senate.  ( 69 min )

These dividend stocks look like compelling buys heading into the second half of the year.  ( 71 min )

Tesla shareholders will appear in court on Monday to argue that an unprecedented request for more than $7 billion in attorneys' fees to be paid by the company is "outlandish," the latest twist in a legal showdown over Musk's $56 billion pay package. The record fee request was made by investor Richard Tornetta on behalf of three law firms that represented him, including Bernstein Litowitz Berger & Grossmann. Tornetta owned nine shares of Tesla when he sued over Musk's pay package of stock options in 2018, a legal battle he ultimately won in January when the package was voided.  ( 32 min )

Find the latest HireQuest, Inc. (HQI) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 51 min )

Find the latest Dave & Buster's Entertainment, (PLAY) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 51 min )

$250 will go a long way with these great dividend stocks.  ( 69 min )

Nvidia still has plenty of room to run, according to EMJ Capital's Eric Jackson.  ( 70 min )

Entertainment giant Paramount, which owns CBS and was behind blockbuster films such as “Top Gun" and “The Godfather” has agreed to merge with Skydance, the companies said. The new combined company is valued at around $28 billion. “Given the changes in the industry, we want to fortify Paramount for the future while ensuring that content remains king,” said Shari Redstone, chair of Paramount Global.  ( 68 min )

The telecom giant hasn't increased its dividend in a couple of years, but steady raises could be around the corner.  ( 69 min )

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Shares of the world's largest drugmaker offer a dividend yield above 6% at recent prices.  ( 69 min )

Strong performance in the first half generally has led to one particular trend in the second half.  ( 70 min )

During the first quarter, these hedge fund managers trimmed their positions in Nvidia and reallocated capital to other AI stocks.  ( 70 min )

It takes a long career earning a high salary to achieve the maximum Social Security benefit.  ( 70 min )

Berkshire Hathaway should collect in the neighborhood of $6 billion in dividend income over the next 12 months. One stock will account for about a sixth of this total by itself.  ( 64 min )

This ETF is crushing the return of the S&P 500 index thanks to its holdings in the world's largest semiconductor stocks.  ( 71 min )

The answer may come down to personal preference.  ( 70 min )

This longtime outperformer is set to conduct its eighth stock split since going public.  ( 72 min )

Broadcom's revenue has taken off thanks to artificial intelligence demand.  ( 69 min )

Amid the recent crypto market downturn, now might be the perfect time to capitalize on long-term growth potential.  ( 69 min )

A higher monthly benefit could be yours if you're willing to do a small amount of legwork.  ( 69 min )

The S&P 500 has always produced a positive return in the second half of election years involving an incumbent president.  ( 70 min )

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Check out why SoundHound AI's stock dropped in June, despite a complete lack of negative news. Is this AI stock a great buy today?  ( 69 min )

(Bloomberg) -- A gauge of Chinese stocks listed in Hong Kong approached a technical correction as investors remain cautious about the economic outlook ahead of a key meeting of the nation’s top leaders.Most Read from BloombergBiden Narrows Gap With Trump in Swing States Despite Debate LossHedge Funds That Piled Into Big Tesla Short Stung by Huge RallyFrench Left Set for Shock Victory Over Macron and Le PenLe Pen Party Seeks Major French Election Win: What to WatchThe Hang Seng China Enterprises  ( 68 min )

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Asian stocks mostly fell Monday, with the Euro dropping on the shock French election outcome, while U.S. stocks rose to more records Friday boosted by a highly anticipated report on the job market. The euro climbed above $1.08, while the gains were tempered by the surprising results of the French parliamentary elections. The left-wing New Popular Front has won the most seats in the 2024 French legislative election, beating back a far-right surge but failing to win a majority.  ( 70 min )

(Bloomberg) -- Paramount Global, the parent of CBS and MTV, agreed to merge with Skydance Media, handing control of a major Hollywood studio to independent producer David Ellison and ending one of the messiest and most dramatic merger deals in recent history.Most Read from BloombergBiden Narrows Gap With Trump in Swing States Despite Debate LossHedge Funds That Piled Into Big Tesla Short Stung by Huge RallyFrench Left Set for Shock Victory Over Macron and Le PenLe Pen Party Seeks Major French El  ( 68 min )

(Bloomberg) -- Bitcoin is under pressure again on concerns about possible sales of the token by creditors of the failed Mt. Gox exchange, which has begun returning a roughly $8 billion hoard of the largest digital asset.Most Read from BloombergBiden Narrows Gap With Trump in Swing States Despite Debate LossHedge Funds That Piled Into Big Tesla Short Stung by Huge RallyFrench Left Set for Shock Victory Over Macron and Le PenLe Pen Party Seeks Major French Election Win: What to WatchThe cryptocurr  ( 69 min )

(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. rose to a record intraday high in Taipei after Morgan Stanley joined a list of brokers boosting price targets on the chipmaker before its earnings. Most Read from BloombergBiden Narrows Gap With Trump in Swing States Despite Debate LossHedge Funds That Piled Into Big Tesla Short Stung by Huge RallyFrench Left Set for Shock Victory Over Macron and Le PenBoeing to Plead Guilty to Fraud for Violating Deal Over 737 Max CrashesTSMC’s shares jumped  ( 68 min )

(Bloomberg) -- David Ellison inched closer to an acquisition of Paramount Global, the owner of MTV and CBS, as a special committee of the company’s board endorsed a merger with his Skydance Media, according to a person with knowledge of the matter.Most Read from BloombergBiden Narrows Gap With Trump in Swing States Despite Debate LossHedge Funds That Piled Into Big Tesla Short Stung by Huge RallyFrench Left Set for Shock Victory Over Macron and Le PenLe Pen Party Seeks Major French Election Win:  ( 68 min )

(Bloomberg) -- The euro fell in early trading after initial projections showed a left-wing coalition was set to win the French legislative election, sowing worries about the nation’s finances. Asian stocks eyed a mixed start into a pivotal week for global markets. Most Read from BloombergBiden Narrows Gap With Trump in Swing States Despite Debate LossHedge Funds That Piled Into Big Tesla Short Stung by Huge RallyFrench Left Set for Shock Victory Over Macron and Le PenLe Pen Party Seeks Major Fre  ( 71 min )

Shares Gained 27% Last Week to Move Into Positive Territory for 2024  ( 68 min )

Credit card skimmers are on the rise, costing consumers $1 billion-a-year, police say. Here are some easy ways to spot the devices.  ( 69 min )

Op de klimaattop in Kopenhagen (2009) besloot de wereld dat rijke landen ontwikkelingslanden financieel moeten helpen klimaatverandering aan te pakken. De kosten: 100 miljard dollar. Hoewel dat bedrag op papier is behaald, is de vraag of arme landen er echt iets mee opschieten.  ( 1 min )

Een Boeing 757-200 van United Airlines heeft maandag bij het opstijgen een wiel verloren. Het vliegtuig vertrok om 7.16 uur lokale tijd vanuit Los Angeles en kon om 10.10 uur veilig landde op Denver International Airport.  ( 1 min )

Een Boeing-vliegtuig van United Airlines heeft maandag bij het opstijgen een wiel verloren. Het is niet de eerste keer dat zoiets gebeurt met een toestel van Boeing.  ( 1 min )

Een Boeing-vliegtuig van United Airlines heeft maandag tijdens het opstijgen opnieuw een wiel verloren. Dat meldt persbureau Bloomberg na een bericht van de Amerikaanse luchtvaartmaatschappij.  ( 1 min )

De Chinese producent van elektrische auto's BYD sloot maandag een overeenkomst met Turkije voor de opening van een grote fabriek in het land. Deze stap stelt de Chinezen in staat nieuwe importheffingen van Brussel te omzeilen.  ( 1 min )

De Europese Commissie gaat onderzoek doen naar de miljarden aan coronasteun die Lufthansa van de Duitse regering kreeg. Uit het onderzoek moet blijken of de steun aan het luchtvaartconcern strookte met Europese staatssteunregels.  ( 1 min )

Wie boodschappen doet bij Jumbo, moet niet gek opkijken als er de aankomende tijd vaker producten niet verkrijgbaar zijn. De supermarktketen is in gesprek met leveranciers over de prijs.  ( 1 min )

Wijn uit de regio Twente heeft van de Europese Commissie (EC) een beschermde status gekregen. De wijn komt daarmee in een reeks van ruim 3.600 andere producten die ook zo'n status hebben, zoals de iets beroemdere bubbelwijn uit de Champagne en ham uit het Italiaanse Parma.  ( 1 min )

Het aantal woningen van 10 miljoen dollar of meer dat te koop staat in Dubai neemt af, maar het aantal verkopen is stabiel. Rijken van over de hele wereld kopen graag een stulpje in het golfstaatje in de Verenigde Arabische Emiraten.  ( 1 min )

Enkele duizenden werknemers van Samsung zijn maandag begonnen aan een driedaagse staking. Het is de eerste keer in het 45-jarig bestaan van het bedrijf dat er zo lang actie wordt gevoerd.  ( 1 min )

Sinds de zomer van 2020 bieden KPN, Vodafone en Odido (voorheen T-Mobile) 5G in ons land aan. Maar het verschil met 4G was tot nu toe klein. Dat gaat later deze maand veranderen.  ( 1 min )

De hogere rentes op spaarrekeningen en de bijschrijving van het vakantiegeld bij veel mensen hebben in de maand mei tot een spaarexplosie geleid. Alleen in de maand mei in het coronajaar 2020 spaarden we meer dan in mei van dit jaar.  ( 1 min )

Het aantal hypotheekaanvragen is in het tweede kwartaal flink toegenomen ten opzichte van dezelfde periode vorig jaar. In totaal gaat het om 120.228 aanvragen, een stijging van 27,7 procent.  ( 1 min )

De Amerikaanse vliegtuigbouwer Boeing bekent schuld in een schikkingszaak die te maken heeft met de twee dodelijke crashes met Boeing 737 MAX-toestellen, in 2018 en 2019. Dat meldt de overheid in rechtbankstukken die zondag zijn ingediend.  ( 1 min )

Het is een gemiste kans dat werkgevers de motorfiets niet actief promoten als optie voor woon-werkverkeer. Dat stelt autobrancheorganisatie RAI Vereniging.  ( 1 min )

Het is een gemiste kans dat werkgevers de motorfiets niet actief promoten als optie voor woon-werkverkeer. Dat stelt autobrancheorganisatie RAI Vereniging.  ( 1 min )

Kinderen jonger dan dertien jaar zijn niet welkom op platforms als Instagram, TikTok en Snapchat. Maar even een jaartal aanpassen bij het aanmelden is genoeg om toch een account aan te maken. Het blijft een kat-en-muisspel.  ( 1 min )

Kinderen jonger dan dertien jaar zijn niet welkom op platforms als Instagram, TikTok en Snapchat. Maar even een jaartal aanpassen bij het aanmelden is genoeg om toch een account aan te maken. Het blijft een kat-en-muisspel.  ( 1 min )

De arbeidsonrust in ons land is flink afgenomen ten opzichte van vorig jaar. Er zijn nog nauwelijks stakingen en acties. Verder worden er veel nieuwe cao's afgesloten, zo blijkt uit een rondgang van NU.nl.  ( 1 min )

De arbeidsonrust in ons land is flink afgenomen ten opzichte van vorig jaar. Er zijn nog nauwelijks stakingen en acties. Verder worden er veel nieuwe cao's afgesloten, zo blijkt uit een rondgang van NU.nl.  ( 1 min )

Chipotle Mexican Grill shares continued to fall Monday after setting a record high when shareholders approved a 50-to-1 stock split in June.  ( 1 min )

Super Micro Computer shares gained Monday. Other stocks tied to artificial intelligence rose too.  ( 1 min )

High expectations heading into earnings season could make it harder for companies to impress investors, analysts say.  ( 1 min )

Shares of cruise ship companies moved higher Monday trading after Hurricane Beryl was downgraded to a tropical storm.  ( 1 min )

Mellius Research analysts said that the first half's "AI laggards" could rise in the final six months of the year, highlighting Intel and AMD, among others.  ( 1 min )

Eli Lilly agreed to buy biopharmaceutical firm Morphic for roughly $3.2 billion, sending shares of Morphic skyrocketing Monday.  ( 1 min )

Paramount Global has agreed to merge with Skydance Media in a deal that will involve over $8 billion in investment from Skydance and its private equity partners.  ( 1 min )

Boeing and the Justice Department have agreed to terms on a plea deal that would resolve the criminal case over a pair of 737 Max crashes that killed over 300 people.  ( 1 min )

The S&P 500 edged 0.1% higher to close at a record high on Monday, July 8, 2024, kicking off a trading week that will feature testimony from the Federal Reserve chair, key inflation data, and bank earnings.  ( 1 min )

The Nasdaq hit a record high in intraday trading Monday, July 8, 2024 as tech stocks gained.  ( 1 min )

Stock futures inched higher Monday morning, after major indexes closed last week at record highs amid optimism that the Federal Reserve could be in a position to start cutting interest rates soon.  ( 1 min )

Chipotle Mexican Grill shares dropped more than 5% on Monday as excitement over the fast-food chain's recent 50-for-1 stock split wanes. Monitor these key chart levels amid further share price weakness.  ( 1 min )

Intel shares jumped more than 6% Monday amid optimism about growing interest in AI personal computers and other hardware trends related to the technology. Monitor these important chart levels.  ( 1 min )

SolarEdge Technologies shares surged in intraday trading Monday after Bank of America upgraded the solar power equipment maker.  ( 1 min )

IDEAYA Biosciences reported positive results from a Phase 2 trial of its experimental drug to treat certain bladder and small-cell lung cancers, and shares surged in intraday trading Monday.  ( 1 min )

The restaurant giant's business strategy is delivering strong revenue growth.  ( 69 min )

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These two media and entertainment businesses deserve a closer look.  ( 69 min )

Tech scion David Ellison moved one step closer to gaining control of Paramount Global, with a special committee voting Sunday to support a merger with his Skydance Media, a source close to the deal told Reuters. The proposed deal would require approval of Paramount's full board, including its non-executive chair, Shari Redstone, who last week reached a preliminary agreement to sell the family's controlling stake in Paramount to Ellison and his deal partners. The proposed merger would combine Paramount, with its namesake film studio and its CBS, MTV and Nickelodeon television networks, with its financial partner on several major film releases, including "Top Gun: Maverick," "Mission: Impossible -Dead Reckoning" and "Star Trek Into Darkness."  ( 68 min )

Investors start the new week in ebullient mood after last Friday's U.S. jobs figures kept the "soft landing" story on track, lowering the dollar and bond yields, and adding fuel to the relentless "risk on" rally in stocks. European politics may have some influence on early Asian trading on Monday - France was on course for a hung parliament in Sunday's election, with a leftist alliance unexpectedly taking top spot ahead of the far right in a major upset that was set to bar the far right, eurosceptic National Rally party from running the government. Japan's Nikkei 225 index scraped a new record high of 41,100 points on Friday and has risen some 7% in just two weeks, and the MSCI Emerging Market and MSCI Asia ex-Japan indices are at their highest in two years.  ( 69 min )

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Charlie Munger, the venerable late Vice Chairman of Berkshire Hathaway (NYSE:BRK) (NYSE:BRK), never minced words when it comes to praising Amazon.com Inc (NASDAQ:AMZN) founder Jeff Bezos. In a candid discussion in 2019, Munger lauded Bezos as an "amazing human leader," comparing him to Lee Kuan Yew, the transformative leader of Singapore. Don't Miss: Can you guess how many Americans successfully retire with $1,000,000 saved? The percentage may shock you. Elon Musk and Jeff Bezos are bullish on o  ( 69 min )

The euro fell on Sunday after exit polls for the final round of the French parliamentary elections pointed to a hung parliament, with the left wing New Popular Front grouping unexpectedly set to win the most seats. “It looks like the anti-far right parties really got a lot of support,” said Simon Harvey, head of FX analysis at Monex Europe. Analysts said a period of volatility and uncertainty was expected to continue as investors now assess what final form the parliament will take, and how much of their policies the leftist alliance will be able to implement.  ( 68 min )

(Bloomberg) -- The bond trade that some of Wall Street’s biggest banks say will dominate the rest of 2024 is gaining steam before a crucial inflation reading that will help seal the wager’s fate.Most Read from BloombergBiden Narrows Gap With Trump in Swing States Despite Debate LossHedge Funds That Piled Into Big Tesla Short Stung by Huge RallyLe Pen Party Seeks Major French Election Win: What to WatchFrench Left Set for Shock Victory Over Macron and Le PenSingapore Is Making Life Tougher for Gl  ( 25 min )

Tesla investors got a tailwind this past week as the stock turned positive for the year and posted a monster monthly gain as deliveries and buzz over the Robotaxi heats up.  ( 68 min )

Now that the first half of the year is fully behind us, we can take its measure – and what we see illuminates both hopes and risks. On the positive side, the stock markets have posted strong first-half gains; the S&P 500 is up nearly 17% and the tech-heavy NASDAQ has gained 24%. On the negative side, the gains are narrow, and concentrated in the tech sector; semiconductor maker Nvidia, up more than 150% so far this year, alone accounts for approximately one-third of the S&P gains. The narrow bas  ( 72 min )

Tax cuts are a critical issue for the markets in this upcoming presidential election. The evidence of this played out in the bond market this past week.  ( 70 min )

The company has hooked developers with its AI ecosystem and has the cash to maintain its market lead.  ( 70 min )

(Bloomberg) -- Hedge funds piled into short bets against Tesla Inc. right before the electric vehicle maker unveiled a set of numbers that triggered a hefty share-price rally.Most Read from BloombergBiden Narrows Gap With Trump in Swing States Despite Debate LossLe Pen Party Seeks Major French Election Win: What to WatchSingapore Is Making Life Tougher for Global TalentBiden’s Defiant Interview Is Unlikely to Calm NervesIran Elects President Who Wants to Revive Nuclear Talks With WestAbout 18% o  ( 70 min )

Investors might be eyeing the Detroit automaker as a potential portfolio addition.  ( 69 min )

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With a cooling labor market narrative emerging, investor focus will shift back to inflation for signs that a September interest rate cut remains likely for the Federal Reserve.  ( 73 min )

This Dividend King still has plenty of shine to its crown.  ( 32 min )

The market expects big things from Apple's upcoming AI features.  ( 61 min )

A handful of theme-based opportunities for investors are firming up.  ( 71 min )

There are few sectors that can offer investors massive returns – but biotech comes to mind as one. These companies are typically involved in the pharmaceutical or medical device industries, and they are famous for their unique combination of high overhead and high product lead times, and even higher profit potential when a new product makes it through the regulatory approval process. So biotech stocks can definitely bring the rewards that investors want – but they are not investments for the ris  ( 72 min )

Volkswagen's big investment buys Rivian a lot more time to scale up its business.  ( 70 min )

Megacap stocks have ruled the year so far. Is Nvidia or Microsoft better positioned for the second half of the year?  ( 24 min )

There may no other areas to hide if the US market gets choppier into the presidential election.  ( 70 min )

There may no other areas to hide if the US market gets choppier into the presidential election.  ( 70 min )

Dividend payments continue to rise.  ( 70 min )

Apple unfairly sacked an employee at its London headquarters who took secret photos of a female colleague and shared them with other staff, a judge has ruled.  ( 64 min )

Here are three top stocks with room to run in the near term.  ( 71 min )

Another big move higher could be in the cards for this popular cyrptocurrency.  ( 70 min )

Coming up: Big Bank earnings, Fed Chair Powell testimony and CPI inflation data  ( 69 min )

These companies' stocks are trading at bargain prices compared to Amazon.  ( 70 min )

The S&P 500 generally takes one particular direction during the month of July.  ( 70 min )

The S&P 500's current multiple stands at 28.9. Except during the Great Financial Crisis when profits collapsed, that's the highest PE for any quarter since the tech bubble of the late 1990s and early 2000s.  ( 24 min )

You won't find Warren Buffett chasing the latest stock market trend, but many of the stocks held in Berkshire Hathaway's portfolio are benefiting from artificial intelligence (AI).  ( 25 min )

One stock-split stock is the hands-down winner.  ( 61 min )

Sometimes, the least exciting stock can deliver the best returns in the long run.  ( 69 min )

Several of Berkshire Hathaway's best-known holdings aren't attractive to newcomers, but a few of its lesser-touted tickers are priced right.  ( 71 min )

Ark Invest continues to accumulate shares of Roku, Roblox, and PagerDuty.  ( 24 min )

It's burning cash and is unprofitable, but its future could be very bright.  ( 70 min )

Is the innovative electric vehicle maker bouncing back -- or fading into obscurity?  ( 69 min )

Two Nasdaq-100 companies have already announced stock splits this year, and MercadoLibre could be next.  ( 70 min )

A telecom provider and a chemicals company provide a higher yield than any other Dow Jones Industrial Average components.  ( 69 min )

Investing in rental properties isn't the only way to generate passive income from real estate.  ( 69 min )

M2 money supply hasn't done this since the early 1930s.  ( 72 min )

This artificial intelligence (AI) hardware specialist is gaining market share at a frantic pace.  ( 70 min )

Despite a recent slowdown in the crypto market, there's one cryptocurrency that takes the crown as the ultimate cryptocurrency to invest in today.  ( 69 min )

Will the S&P 500's strong momentum continue?  ( 69 min )

Supermicro and Baidu could have more upside potential than this AI darling.  ( 70 min )

I believe these are good businesses with better days ahead as they take advantage of their opportunities.  ( 71 min )

The good news for both stocks is the AI growth story may just be getting started.  ( 70 min )

Supermicro works with Nvidia and other chipmakers to build accelerated computing platforms for artificial intelligence.  ( 70 min )

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Nike's stock plunged after a disappointing earnings report and weak near-term outlook. What's next for the footwear and sporting goods titan?  ( 69 min )

The database titan's stock soared last month. Here's what you need to know about the fuel in Oracle's tanks and where the company is going next.  ( 68 min )

Arm's stock surge nearly 36% higher in June -- but why? Here's what you need to know, and some advice on how to treat the red-hot stock today. Spoiler alert: Bring oven mitts to this party.  ( 69 min )

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(Bloomberg) -- China’s central bank didn’t buy any gold for a second month in June, as the precious metal edged lower from a record high.Most Read from BloombergBiden Narrows Gap With Trump in Swing States Despite Debate LossIran Elects President Who Wants to Revive Nuclear Talks With WestBiden’s Defiant Interview Unlikely to Calm Democratic NervesTrump Distances Bid From Second-Term Agenda Pushed by AlliesA $14 Billion Walmart Heir Joins Novogratz Urging Biden ExitBullion held by the People’s B  ( 68 min )

Het plan om vanaf 2030 te gaan rekeningrijden, gaat hoogstwaarschijnlijk toch niet door. Drie van de vier coalitiepartijen willen een streep zetten door de hervorming van de autobelastingen. Mogelijk gevolg: een flink gat in de begroting en klimaatdoelen die lastiger haalbaar zijn.  ( 1 min )

Nederland is een van de grootste campinglanden van Europa. Frankrijk telt in absolute aantallen de meeste campings. Kroatië en Nederland hebben relatief de meeste campings.  ( 1 min )

Oranjefans die hopen op een overnachtingsplek in Dortmund moeten op de dag van de halve finale tegen Engeland veel geld neertellen. Veel is al volgeboekt voor deze woensdag en de prijzen van nog beschikbare kamers kunnen tien keer zo hoog zijn als normaal.  ( 1 min )

Koffieproducenten schenden geen concurrentieregels als ze samenwerken om plastic en aluminium koffiecapsules beter te recyclen. Dat heeft de toezichthouder Autoriteit Consument & Markt bepaald.  ( 1 min )

Koffieproducenten schenden geen concurrentieregels als ze samenwerken om plastic en aluminium koffiecapsules beter te recyclen. Dat heeft de toezichthouder Autoriteit Consument & Markt bepaald.  ( 10 min )

Forse prijsstijgingen in de supermarkt lijken achter ons te liggen, maar toch betalen consumenten dit jaar weer meer bij de kassa. Frisdrank, chocolade en olijfolie stegen hard in prijs. Vooral slechte oogsten zijn merkbaar op de kassabon.  ( 1 min )

Forse prijsstijgingen in de supermarkt lijken achter ons te liggen, maar toch betalen consumenten dit jaar weer meer bij de kassa. Frisdrank, chocolade en olijfolie stegen hard in prijs. Vooral slechte oogsten zijn merkbaar op de kassabon.  ( 1 min )

Coming up: Big Bank earnings, Fed Chair Powell testimony and CPI inflation data  ( 21 min )

Which of these cloud-based software companies has a brighter future?  ( 24 min )

Decades of steady gains have this retailer's stock approaching a four-figure price tag.  ( 69 min )

The used car business faces a handful of industrywide challenges that are too serious to ignore.  ( 70 min )

According to data from Morningstar Direct, just 18.2% of actively managed funds whose primary prospectus benchmark is the S&P 500 are outperforming the index in the first half of this year.  ( 68 min )

CrowdStrike is what you get when you combine an innovative company with an enormous, growing, and highly-fragmented market opportunity.  ( 69 min )

(Bloomberg) -- Jerome Powell is likely to tell lawmakers that Federal Reserve officials need further confirmation inflation is slowing before they’re in a position to cut interest rates, even with evidence building of softer growth and employment.Most Read from BloombergBiden Narrows Gap With Trump in Swing States Despite Debate LossIran Elects President Who Wants to Revive Nuclear Talks With WestBiden’s Defiant Interview Unlikely to Calm Democratic NervesA $14 Billion Walmart Heir Joins Novogra  ( 72 min )

Even though I am bullish on Nvidia stock, I think it is essential to consider the risks.  ( 67 min )

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Personal finance expert Dave Ramsey is known for his blunt advice. He has told people they need to work beyond their wages if they don't want to be broke. Here's what went down on an episode of "The Dave Ramsey Show." Don't Miss: The average American couple has saved this much money for retirement — How do you compare? Warren Buffett flipped his neighbor's $67,000 life savings into a $50 million fortune — How much is that worth today? How to turn a $100,000 investment into $1 Million — and retir  ( 70 min )

Stock splits make shares more affordable to a broader group of investors.  ( 68 min )

The company's sales are soaring thanks to the AI boom.  ( 69 min )

Returning to their screens following the July 4 break, U.S. traders were confronted with prices that had plunged roughly 10% from pre-holiday levels.  ( 68 min )

AMD is leveraging the opportunity created by Nvidia's inability to meet customer demand.  ( 70 min )

This company's challenges are just too hard to ignore.  ( 69 min )

Adding Taiwan Semiconductor to this group makes a lot of sense.  ( 70 min )

If you are looking for yield in the energy sector, this trio of dividend-paying stocks should be at the top of your list.  ( 70 min )

“What is the maximum should I safely spend assuming I live into my 80s?”  ( 70 min )

“The loan is now in default, and I have no idea where this grandson is.”  ( 71 min )

While smaller banks are doing the bulk of lending, bigger banks’ loans are the ones showing signs of strain.  ( 69 min )

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Longtime tax avoiders are realizing they had taken “false comfort” in thinking they weren’t on the IRS’s radar.  ( 75 min )

Despite high inflation, Vanguard found that Americans set aside funds for retirement at the highest rates ever.  ( 72 min )

The top crypto is ready to break out, with some powerful catalysts working in its favor.  ( 69 min )

Nvidia is making so much money from its GPUs right now, and competition is bound to spring up.  ( 24 min )

Some of the biggest holdings in the tech billionaire's portfolio may surprise you.  ( 62 min )

I am a 43-year-old divorced father. I have $315,000 in a traditional individual retirement account (IRA), $90,000 in a Roth IRA, $22,000 in a health savings account (HSA), $8,000 in a 529 college savings account, $30,000 in a traditional 401k, … Continue reading → The post Ask an Advisor: I'm a 43-Year-Old Divorced Dad With $315K in an IRA, $90K in a Roth and Other Accounts. Can I Retire at 57? appeared first on SmartAsset Blog.  ( 72 min )

Converting your current retirement accounts to a Roth IRA is typically a very tax-efficient strategy. It can help lower your lifetime taxes significantly. However it does come with a large up-front bill. While there's no way to avoid conversion taxes completely, you can restructure them to make this much more manageable. By staggering out your […] The post How to Reduce Your Tax Liability on a Roth IRA Conversion appeared first on SmartReads by SmartAsset.  ( 71 min )

When it comes to financial advice, what you pay can vary based on what you get. An advisor who simply sets you up with a passive S&P 500 index fund might not be worth a 1% fee, while an advisor who helps you manage taxes and cash flow, plan for retirement and save for your […] The post I Have $1.7M Invested With My Advisor and I Pay a 1% Fee. Am I Paying Too Much? appeared first on SmartReads by SmartAsset.  ( 71 min )

This top semiconductor stock is ready to take off.  ( 69 min )

The recently retired CEO of semiconductor equipment maker ASML said in an interview with Dutch radio station BNR on Saturday that U.S.-China disputes over computer chips are ideological and not based on facts, and they are set to continue. Wennink left in April after a ten year term at the helm of ASML that saw it become Europe's largest technology firm. Since 2018, the U.S. has imposed increasing restrictions on what tools the company can export to China, its second-largest market after Taiwan, citing security concerns.  ( 68 min )

Amazon's impeccable results largely justify the stock's massive run-up.  ( 71 min )

Are the two lagging members ready for a magnificent turnaround?  ( 25 min )

Rising power usage should fuel robust demand for natural gas in the coming years.  ( 70 min )

These exchange-traded funds should keep the income flowing in regularly.  ( 61 min )

These companies are cashing in on the renewable energy boom.  ( 70 min )

If you want to maximize your lifetime retirement benefits, there's a clear best answer statistically for when to begin receiving Social Security.  ( 69 min )

A video showing a California mom’s $444.38 grocery bill has been viewed more than 17 million times. And she told MarketWatch she’s actually OK with the total tab.  ( 70 min )

Which of these resilient chipmakers is the better investment?  ( 70 min )